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Florida sheriff berates woman on Facebook video after dog drowned
TITUSVILLE, Fla. (AP) — A Florida sheriff went on Facebook and berated a animal cruelty suspect as a “despicable excuse for a human being” after she was charged with drowning her Chihuahua.
The 32-year-old woman was already in the Brevard County Jail on charges she stabbed a 68-year-old man when police were given video of her allegedly walking into a pool and holding the tiny dog underwater. Sheriff Wayne Ivey posted a Facebook video in which he described the abuse and made his thoughts clear about the crime.
“There is a special place in hell for this woman. Until she gets there, she’s going to rot in our jail,” Ivey said.
He showed a brief portion of the video, but said it was too graphic to show in its entirety. After drowning the dog, she slammed it down on the concrete patio, then put its body in a chair inside the home for several days, at one point holding it up during a social media post, Ivey said.
“This woman, if I hear as much that she has a pet rock, I will lose my crap,” he said.
While the woman was already in the jail, Ivey had her brought outside so he could walk her back in to be booked on the animal cruelty charges.
As he Ivey and an animal cruelty investigator walk her back into the jail, Ivey says to her, “Usually when I’m walking people in, I have something to say to them. I’m disgusted by you. You’re looking all sad and stuff. How do you think that dog felt when you were holding it under the water?”
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/08/15/florida-sheriff-berates-woman-facebook-video-after-dog-drowned/ | 2022-08-15T11:17:51Z |
Continuing focus on dialysis patients, Alio seeks to expand patient advocacy and gain broader patient perspective
BROOMFIELD, Colo., May 17, 2022 /PRNewswire/ -- Today, Alio announced a significant milestone with the formation of its Patient and Family Advisory Council (PFAC), making it one of the first councils of its kind in the remote patient monitoring space. The council includes patients across the US who are facing chronic kidney disease (CKD), dialysis treatment, and kidney transplantation.
Since the founding of the company, Alio has kept the patient perspective at the center of their work - from the design and form factor of their SmartPatch to their broader remote patient monitoring system - Alio recognized any solution has to fit seamlessly into the day-to-day lives of those they serve. The creation of this council further reinforces this approach by creating a formal feedback loop between the relevant stakeholders in the chronic disease management space. These patients, along with their families and caregivers, will continue to provide Alio with a unique first-hand perspective – ensuring Alio's technology fits into their care journey in a way that enables a better patient experience and improved outcomes.
The Alio Patient and Family Advisory Council is chaired by Ms. Terry Foust Litchfield, a renowned dialysis patient advocate and industry pioneer. "Alio recognizes the value of listening to the voice of the dialysis patient and is using its PFAC to create a tighter feedback loop between patients and those who serve them - clinicians, hospital systems, and government leadership to improve dialysis healthcare quality, safety, and the dialysis patient experience," said Ms. Litchfield. "The voice of patients and their families is central to the development of the Alio platform. We seek to improve the experience of dialysis patients and are proud to lead the remote monitoring technology industry in leveraging the PFAC perspective for patient-centered innovation and outreach."
The Alio council includes members with experience in advocacy and patient education. Members also actively participate in care improvement advocacy and other initiatives with national dialysis and transplant societies and organizations as well as major dialysis focused corporations such as, Fresenius, Baxter Healthcare's Renal Division, and Lifeline Vascular Care. Additional experiences include responsibility for quarterly CKD newsletters, running support groups for home dialysis patients, writing books on dialysis and transplant experience, founding nonprofits to help kidney patients on wellness, and creating educational channels on YouTube and social media.
"We are honored to have this diverse group of CKD and dialysis patient and family advisors partner with us as we continue to pursue our mission of bringing peace of mind to people on dialysis and improving the patient experience," said Dave Kuraguntla, Alio's co-founder and CEO. "As experienced advocates and community members, these individuals have developed a deep understanding of the challenges faced by dialysis patients. They provide unique perspectives that will help us expand our remote monitoring platform and raise the bar on patient-centered care."
About Alio
Alio, Inc. (Broomfield, CO), is a medical technology company bringing peace of mind to people with chronic conditions through noninvasive, wireless remote patient monitoring. Currently, Alio uses its SmartPatchTM technology to monitor individuals with end stage kidney disease (ESKD) undergoing dialysis. Alio's platform uses artificial intelligence (AI) to analyze data and create actionable insights. These insights enable targeted interventions with the potential for improved health outcomes and reduced hospitalizations. Alio has built a team of seasoned leaders with diverse backgrounds spanning across industries and segments such as medical technology, medical devices, wearable technology, government relations, commercialization, and reimbursement. Visit our website for more information: https://alio.ai/
Media Contact
(855) 979-1600
media@alio.ai
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SOURCE Alio | https://www.wibw.com/prnewswire/2022/05/17/alio-announces-patient-family-advisory-council/ | 2022-05-17T13:38:50Z |
CHICAGO, July 7, 2022 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of MOTIS Brands (MOTIS), a portfolio company of Rotunda Capital Partners, to Prospect Hill Growth Partners (PHGP). The specific terms of the transaction, which closed in May 2022, were not disclosed. The transaction furthers BGL's market-leading position in eCommerce investment banking, representing omni-channel brands, and as an advisor to companies across a range of branded consumer products, including automotive aftermarket.
MOTIS is a vertically integrated direct-to-consumer (DTC) and omni-channel manufacturer and marketer of branded products in the loading, hauling, mobility, automotive, and recreational segments. The MOTIS family of brands includes discountramps.com, Race Ramps, Black Widow Pro, HD Ramps, Silver Spring Mobility, Elasco Products, Pier d' Nort, and MAC's Custom Tie Downs. A market leader in several end-markets, the company uses data-driven decision making, effective merchandising, and sophisticated digital marketing capabilities to win in its channels.
Prospect Hill Growth Partners is a Boston-area private equity firm that makes control equity investments in North American consumer and healthcare growth companies. The partners at Prospect Hill have collectively invested approximately $3 billion of capital in more than 35 portfolio companies over two decades. The partners' successful investment track record has been built on their sector-focused investment strategy and expertise, a robust operational value-add model, and strong alignment of interests.
MOTIS CEO Rich Spratt will continue to lead the company and, together with PHGP, aims to continue driving strong growth organically and through complementary acquisitions. MOTIS is actively seeking acquisition targets that can benefit from the company's broad channel expertise, as well as its experience in e-commerce, product development, and supply chain logistics.
BGL's Consumer Group has an extensive track record in mergers and acquisitions advisory and capital-raising services spanning the entire consumer retail spectrum, with deep experience in eCommerce, branded consumer, and omni-channel investment banking. The firm's Automotive & Aftermarket investment banking team maintains coverage of the broad automotive sector, including automotive supply chain, automotive aftermarket, and the on- and off-highway commercial vehicle sectors. BGL's professionals and affiliates have completed more than 100 transactions in the automotive sector globally.
Brown Gibbons Lang & Company (BGL) is a leading independent investment bank and financial advisory firm focused on the global middle market. The firm advises private and public corporations and private equity groups on mergers and acquisitions, capital markets, financial restructurings, business valuations and opinions, and other strategic matters. BGL has investment banking offices in Chicago, Cleveland, Los Angeles, and Philadelphia, and real estate offices in Chicago, Cleveland, and San Antonio. The firm is also a founding member of Global M&A Partners, enabling BGL to service clients in more than 30 countries around the world. Securities transactions are conducted through Brown, Gibbons, Lang & Company Securities, LLC, an affiliate of Brown Gibbons Lang & Company LLC and a registered broker-dealer and member of FINRA and SIPC. For more information, please visit www.bglco.com.
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SOURCE Brown Gibbons Lang & Company | https://www.kxii.com/prnewswire/2022/07/07/bgl-announces-sale-motis-brands/ | 2022-07-07T19:56:17Z |
The Presbyterian Church (U.S.A.) has opted to pull investments from five energy corporations, joining other faith-based groups in targeting fossil-fuel companies over what they say are failures to address climate change.
The denomination’s General Assembly, meeting online, voted overwhelmingly this week for a resolution targeting Chevron, ExxonMobil, Marathon Petroleum, Phillips 66, and Valero Energy for divestment.
Presbyterian officials have in recent years sought to persuade several fossil fuel companies to take steps to reduce greenhouse gases. The resolution said these efforts “did not produce enough substantial change or movement” by the five corporations now targeted for divestment.
The church’s investments are a small fraction of a percent of the five corporations’ market capitalization. But supporters of divestment said it would send a message and help spur corporations to change policies in response to climate change.
Numerous, mostly progressive faith-based groups in various countries — including religious orders, dioceses and denominations such as the Episcopal Church and the Unitarian Universalist Association — have decided on partial or full divestment from fossil-fuel companies, according to Global Fossil Fuels Divestment Commitments Database, a website maintained by climate advocacy groups.
The Presbyterian Church (U.S.A.), based in Louisville, Kentucky, is the largest Presbyterian denomination in the country, though it has struggled with decades of membership losses. It reported a 2021 membership of 1.2 million.
___
Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. | https://cw33.com/business/ap-business/presbyterians-agree-to-divest-from-fossil-fuel-companies/ | 2022-07-09T01:33:56Z |
Experience the Magical Wonderland of Lights
EAST MEADOW, N.Y., Sept. 17, 2022 /PRNewswire/ -- This holiday season, an Immersive World of Magical Light installations comes to life at the LuminoCity Festival at Eisenhower Park in Nassau County, NY. This year's theme, "Pure Magic" will deliver state-of-the-art production that brings art, light, and color to life every Wednesday to Sunday from November 9th through January 8th.
LuminoCity was created through a desire to produce unforgettable experiences. Using light and imagination, we have transformed some of earth's most interesting history into world class illuminating works of light and color display. Founder Xiaoyi Chen, who has been producing this festival since 2018, says "We are overjoyed that we have this partnership collaboration in place with Nassau County to deliver the largest LuminoCity festival we have ever held to date!"
Pure Magic festival's enriching display is ideal for family and friends of all ages. Festival goers are invited to walk on a narrative walking journey with mind blowing light-art installations through eight custom display sets. From Wildlife Safari, Dinosaur Adventures, Magic Kingdom, Alice's Enchantment, Winter Wonderland, HolidayLAND, and more, this immersive outdoor event covers 17+ Acres of Long Island's own historic Eisenhower Park.
This event is all about bringing back the family dynamic and giving our kids something awe-inspiring to enjoy again. Nassau County Executive Bruce Blakeman said of this partnership, "I am excited to host our first-ever Winter Festival with LuminoCity in Nassau County's Eisenhower Park this winter. I invite all of our residents to bring their family and friends to enjoy this incredible light and art spectacular. Nassau is back and open for business!"
In addition to the brilliant lights, festival-goers can enjoy food vendors, as well as family entertainment like Mini Golf and Dinosaur Rides!
Ticket Information: LuminoCity Festival at Eisenhower Park runs for 43 days between November 9th to January 8th, 2023. Admission tickets are only available for purchase online at luminocityfestival.com. Festival will run Every Wednesday to Sunday from 4:30 pm - 9:30 pm. You can choose designated time slots online to ensure a seamless experience!
Parking Information: This will be Free to all festival goers. There will be 2 entrance gates for your choice, one at Parking Lot 2, and one at Parking Lot 4.
2022-2023 LuminoCity Festival x Nassau County
Eisenhower Park
1899 Park Blvd, East Meadow, NY 11554
(Entrance gates located at Parking lots 2 and 4)
For more information about the LuminoCity Festival, visit www.luminocityfestival.com and be sure to follow us on instagram!
MEDIA CONTACT: press@Luminocityus.com
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SOURCE LuminoCity Festival | https://www.wibw.com/prnewswire/2022/09/17/luminocity-festival-returns-nassau-countys-eisenhower-park-nov-9-2022-jan-8-2023/ | 2022-09-17T16:01:30Z |
NEW YORK, June 24, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Axsome Therapeutics, Inc. (NASDAQ: AXSM).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/axsome-therapeutics-inc-loss-submission-form/?id=29048&from=4
The lawsuit seeks to recover losses for shareholders who purchased Axsome between December 30, 2019 and April 22, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 12, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Axsome Therapeutics, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) Axsome's chemistry, manufacturing, and control ("CMC") practices were deficient with respect to AXS-07, the Company's medicine for the acute treatment of migraine, and its manufacturing process; (ii) as a result, Axsome was unlikely to submit the AXS-07 New Drug Application ("NDA") on its initially represented timeline; (iii) the foregoing CMC issues remained unresolved at the time that the U.S. Food and Drug Administration ("FDA") reviewed the AXS-07 NDA; (iv) accordingly, the FDA was unlikely to approve the AXS-07 NDA; (v) as a result of all the foregoing, Axsome had overstated AXS-07's regulatory and commercial prospects; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.mysuncoast.com/prnewswire/2022/06/24/axsm-shareholder-alert-jakubowitz-law-reminds-axsome-shareholders-lead-plaintiff-deadline-july-12-2022/ | 2022-06-24T10:14:25Z |
NEW ORLEANS, Sept. 16, 2022 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 11, 2022 to file lead plaintiff applications in a securities class action lawsuit against LifeStance Health Group, Inc. (NasdaqGS: LFST), if they purchased or acquired the Company's Class A common stock pursuant and/or traceable to the Company's June 2021 initial public offering (the "IPO"). This action is pending in the United States District Court for the Southern District of New York.
If you purchased or acquired shares of LifeStance as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-lfst/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by October 11, 2022.
LifeStance and certain of its executives are charged with failing to disclose material information in its IPO Registration Statement, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company's out-patient/virtual revenue growth was negatively affected by a decrease in virtual visits after COVID-19 lockdowns were lifted; (ii) an increasing number of in-person visits post-lockdown resulted in substantial increases to operating expenses; (iii) its physician retention rate had fallen significantly below the 87% highlighted in the IPO's registration statement leading to additional costs to bring on new physicians, who were less productive than the outgoing physicians they were replacing; and (iv) as a result, LifeStance Health's business metrics and financial prospects were not as strong as the IPO's registration statement represented.
The case is Nayani v. LifeStance Health Group, Inc., No. 22-cv-06833.
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC | https://www.mysuncoast.com/prnewswire/2022/09/17/lifestance-health-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-amp-foti-llc-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-lifestance-health-group-inc-lfst/ | 2022-09-17T13:46:44Z |
ASHEVILLE, N.C., June 20, 2022 /PRNewswire/ -- Keystone Lab, based in Asheville, NC, has officially added delta-8 THC & CBD metabolites testing to the testing menu on its clinical services line. Keystone Lab provides clinical and forensic toxicology testing services throughout the southeastern U.S. and is now one of only a few labs in the nation to offer delta-8 THC & CBD metabolites testing.
Delta-8 THC is a commonly occurring cannabinoid found in most cannabis plants and formed by degradation upon exposure to heat or light resulting in a bond rearrangement of delta-9 THC. It is detected in low concentrations in most cannabis plants with percentages of delta-8 THC to delta-9 THC ranging from 0.1%-2%. Because delta-8 THC is present in such low concentrations in plant material, it is typically synthesized from cannabidiol (CBD) by conversion reactions. After the conversion of CBD to delta-8 THC is completed, it undergoes extraction, isolation, distillation, and refinement processes to produce a more potent and purer delta-8 THC product that is frequently sold in head shops, gas stations, or similar stores legally in many states throughout the U.S.
"A recent increase in delta-8 THC use has caused many challenges for our providers and prompted us to develop an improved marijuana metabolite method. This new method improves the identification and quantification of carboxy-delta-9-THC in human urine and quantitatively detects carboxy-delta-8-THC and 7-carboxy-CBD", according to Dr. James Bourland, Scientific Director of Keystone Labs. "This new test will allow our clients to determine if a patient is using delta-9 THC, delta-8 THC, CBD, or any possible combination of these cannabinoids."
Beneficiaries of delta-8 THC & CBD metabolites testing include organizations that have a zero-tolerance policy for any type of substance such as addiction clinics and recovery centers.
About Keystone Lab:
Keystone Lab is a dual CAP-accredited and CLIA certified lab providing clinical and forensic toxicology testing services for more than 35 years. Keystone has developed an innovative platform of services to ensure the success and growth of organizations throughout the United States. For more information about Keystone Lab, visit our Instagram, LinkedIn, Twitter, and Facebook pages.
Contact
David Price
Marketing Manager
dave.price@keystonelab.com
828-771-3107
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SOURCE Keystone Lab | https://www.mysuncoast.com/prnewswire/2022/06/20/keystone-lab-announces-addition-delta-8-thc-amp-cbd-metabolites-testing-its-testing-menu/ | 2022-06-20T14:16:14Z |
CHICAGO, July 6, 2022 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, today reported June monthly trading volume statistics across its global business lines and provided guidance for selected revenue per contract/net revenue capture metrics for the second quarter of 2022.
The data sheet "Cboe Global Markets Monthly Volume & RPC/Net Revenue Capture Report" contains an overview of certain June trading statistics and market share by business segment, volume in select index products, and RPC/net capture, which is reported on a one-month lag, across business lines.
June and Second-Quarter 2022 Trading Volume Highlights
U.S. Options
- S&P 500 Index (SPX) options set a new monthly ADV record of 2.3 million contracts, surpassing the previous record of 2.2 million in May 2022. Total volume for the month reached nearly 48 million contracts.
- SPX Weeklys Tuesday- and Thursday-expiring options continued their strong debut, with approximately 5.1 million Tuesdays options and 4.4 million Thursdays options traded in June.
- Cboe opened its new trading floor in Chicago on June 6.
European Equities and Derivatives
- Cboe Europe Equities had an overall market share of 23.5 percent in June, the highest month since August 2018.
- Cboe BIDS Europe, Cboe's European block trading platform, had a 33 percent share of the LIS (large-in-scale) market, making it the largest platform of its type (Source: big xyt).
- Cboe Europe Derivatives (CEDX) traded 1,872 contracts during June, up from 1,475 during May.
Second-Quarter 2022 RPC/Net Revenue Capture Guidance
The projected RPC/net capture metrics for the second quarter of 2022 are estimated, preliminary and may change. There can be no assurance that our final RPC for the three months ended June 30, 2022, will not differ materially from these projections.
The above represents average revenue per contract (RPC) or net capture based on a three-month rolling average. For Options and Futures, the average RPC represents total net transaction fees recognized for the period divided by total contracts traded during the period for options exchanges: BZX Options, Cboe Options, C2 Options and EDGX Options; futures include contracts traded on Cboe Futures Exchange, LLC (CFE). For U.S. Equities – On-Exchange, "net capture per 100 touched shares" refers to transaction fees less liquidity payments and routing and clearing costs divided by the product of one-hundredth ADV of touched shares on BZX, BYX, EDGX and EDGA and the number of trading days for the period. For U.S. Equities – Off-Exchange, "net capture per 100 touched shares" refers to transaction fees less OMS/EMS costs and clearing costs divided by the product of one-hundredth ADV of touched shares on BIDS Trading and the number of trading days for the period. For Canadian Equities, "net capture per 10,000 touched shares" refers to transaction fees divided by the product of one-ten thousandth ADV of shares for MATCHNow and the number of trading days for the period (does not include NEO). For European Equities, "net capture per matched notional value" refers to transaction fees less liquidity payments in British pounds divided by the product of ADNV in British pounds of shares matched on Cboe Europe Equities and the number of trading days. For EuroCCP, "Fee per Trade Cleared" refers to clearing fees divided by number of non-interoperable trades cleared and "Net Fee per Settlement" refers to settlement fees less direct costs incurred to settle divided by the number of settlements executed after netting. For Australian Equities, "net capture per matched notional value" refers to transaction fees less liquidity payments in Australian Dollars divided by the product of ADNV in Australian Dollars of shares matched on Chi-X Australia and the number of trading days. For Japanese Equities, "net capture per matched notional value" refers to transaction fees less liquidity payments in Japanese Yen divided by the product of ADNV in Japanese Yen of shares matched on Chi-X Japan and the number of trading days. For Global FX, "net capture per one million dollars traded" refers to transaction fees less liquidity payments, if any, divided by the Spot and SEF products of one-thousandth of ADNV traded on the Cboe FX markets and the number of trading days, divided by two, which represents the buyer and seller that are both charged on the transaction. Average transaction fees per contract can be affected by various factors, including exchange fee rates, volume-based discounts and transaction mix by contract type and product type.
About Cboe Global Markets, Inc.
Cboe Global Markets (Cboe: CBOE), a leading provider of market infrastructure and tradable products, delivers cutting-edge trading, clearing and investment solutions to market participants around the world. The company is committed to operating a trusted, inclusive global marketplace, providing leading products, technology and data solutions that enable participants to define a sustainable financial future. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives, FX and digital assets, across North America, Europe and Asia Pacific. To learn more, visit www.cboe.com.
CBOE-V
Cboe®, Cboe Global Markets®, Cboe Volatility Index®, and VIX® are registered trademarks and Cboe Futures ExchangeSM is a service mark of Cboe Exchange, Inc. or its affiliates. Standard & Poor's®, S&P®, SPX®, and S&P 500® are registered trademarks of Standard & Poor's Financial Services, LLC, and have been licensed for use by Cboe Exchange, Inc. All other trademarks and service marks are the property of their respective owners.
Any products that have the S&P Index or Indexes as their underlying interest are not sponsored, endorsed, sold or promoted by Standard & Poor's or Cboe and neither Standard & Poor's nor Cboe make any representations or recommendations concerning the advisability of investing in products that have S&P indexes as their underlying interests. All other trademarks and service marks are the property of their respective owners.
Cboe Global Markets, Inc. and its affiliates do not recommend or make any representation as to possible benefits from any securities, futures or investments, or third-party products or services. Cboe Global Markets, Inc. is not affiliated with S&P. Investors should undertake their own due diligence regarding their securities, futures, and investment practices. This press release speaks only as of this date. Cboe Global Markets, Inc. disclaims any duty to update the information herein.
Nothing in this announcement should be considered a solicitation to buy or an offer to sell any securities or futures in any jurisdiction where the offer or solicitation would be unlawful under the laws of such jurisdiction. Nothing contained in this communication constitutes tax, legal or investment advice. Investors must consult their tax adviser or legal counsel for advice and information concerning their particular situation.
Cboe Global Markets, Inc. and its affiliates make no warranty, expressed or implied, including, without limitation, any warranties as of merchantability, fitness for a particular purpose, accuracy, completeness or timeliness, the results to be obtained by recipients of the products and services described herein, or as to the ability of the indices referenced in this press release to track the performance of their respective securities, generally, or the performance of the indices referenced in this press release or any subset of their respective securities, and shall not in any way be liable for any inaccuracies, errors. Cboe Global Markets, Inc. and its affiliates have not calculated, composed or determined the constituents or weightings of the securities that comprise the third-party indices referenced in this press release and shall not in any way be liable for any inaccuracies or errors in any of the indices referenced in this press release.
Options involve risk and are not suitable for all market participants. Prior to buying or selling an option, a person should review the Characteristics and Risks of Standardized Options (ODD), which is required to be provided to all such persons. Copies of the ODD are available from your broker or from The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200, Chicago, IL 60606.
Futures trading is not suitable for all investors and involves the risk of loss. That risk of loss can be substantial and can exceed the amount of money deposited for a futures position. You should, therefore, carefully consider whether futures trading is suitable for you in light of your circumstances and financial resources. You should put at risk only funds that you can afford to lose without affecting your lifestyle. For additional information regarding futures trading risks, see the Risk Disclosure Statement set forth in Appendix A to CFTC Regulation 1.55(c) and the Risk Disclosure Statement for Security Futures Contracts.
Cautionary Statements Regarding Forward-Looking Information
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. You can identify these statements by forward-looking words such as "may," "might," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," and the negative of these terms and other comparable terminology. All statements that reflect our expectations, assumptions or projections about the future other than statements of historical fact are forward-looking statements. These forward-looking statements, which are subject to known and unknown risks, uncertainties and assumptions about us, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from those expressed or implied by the forward-looking statements.
We operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible to predict all risks and uncertainties, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.
Some factors that could cause actual results to differ include: the loss of our right to exclusively list and trade certain index options and futures products; economic, political and market conditions; compliance with legal and regulatory obligations; price competition and consolidation in our industry; decreases in trading or clearing volumes, market data fees or a shift in the mix of products traded on our exchanges; legislative or regulatory changes or changes in tax regimes; our ability to protect our systems and communication networks from security risks, cybersecurity risks, insider threats and unauthorized disclosure of confidential information; our ability to attract and retain skilled management and other personnel; increasing competition by foreign and domestic entities; our dependence on and exposure to risk from third parties; fluctuations to currency exchange rates; factors that impact the quality and integrity of our indices; the impact of the novel coronavirus ("COVID-19") pandemic; our ability to operate our business without violating the intellectual property rights of others and the costs associated with protecting our intellectual property rights; our ability to minimize the risks, including our credit and default risks, associated with operating a European clearinghouse; our ability to accommodate trading and clearing volume and transaction traffic, including significant increases, without failure or degradation of performance of our systems; misconduct by those who use our markets or our products or for whom we clear transactions; challenges to our use of open source software code; our ability to meet our compliance obligations, including managing potential conflicts between our regulatory responsibilities and our for-profit status; our ability to maintain BIDS Trading as an independently managed and operated trading venue, separate from and not integrated with our registered national securities exchanges; damage to our reputation; the ability of our compliance and risk management methods to effectively monitor and manage our risks; our ability to manage our growth and strategic acquisitions or alliances effectively; restrictions imposed by our debt obligations and our ability to make payments on or refinance our debt obligations; our ability to maintain an investment grade credit rating; impairment of our goodwill, long-lived assets, investments or intangible assets; the accuracy of our estimates and expectations; litigation risks and other liabilities; and operating a digital asset business. More detailed information about factors that may affect our actual results to differ may be found in our filings with the SEC, including in our Annual Report on Form 10-K for the year ended December 31, 2021 and other filings made from time to time with the SEC.
We do not undertake, and we expressly disclaim, any duty to update any forward-looking statement whether as a result of new information, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.
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SOURCE Cboe Global Markets, Inc. | https://www.kxii.com/prnewswire/2022/07/06/cboe-global-markets-reports-trading-volume-june-2022/ | 2022-07-06T21:05:11Z |
While electricity is the number one input cost in vertical farming, CubicFarms' Crop Motion Technology™ delivers more than 2x greater energy efficiency with a single layer of lighting
VANCOUVER, BC, May 12, 2022 /PRNewswire/ - CubicFarm® Systems Corp. ("CubicFarms" or the "Company") (TSX: CUB), a leading local chain agricultural technology company, today announced new data that demonstrates 54% to 62% less energy is used in a CubicFarm System module compared to results reported by other vertical farms surveyed globally. With electricity being the number one input cost in vertical farming, this is a significant advantage to customers using the CubicFarm System technology for indoor growing.
Most vertical farming operations rely on light emitting diode ("LED") grow lights positioned above every row of plants. Despite the significant land, water, and labour benefits of year-round indoor growing, the high energy usage of LED grow lights has, until now, slowed the wider adoption of Controlled Environment Agriculture ("CEA").
In 2020, the global vertical farming market was estimated at $3.24 billion and is expected to reach $24.11 billion by 2030¹. The world's leading advisory firm on urban and controlled environment agriculture, Agritecture, highlighted the need for greater transparency and accountability for claims about energy use in the vertical farming sector in its 2021 Global CEA Census Report.
"Lighting accounts for 65% of energy usage in a typical indoor farming operation," reported Henry Gordon-Smith, Founder and Chief Executive Officer, Agritecture. "62% indicated that they track energy consumption, but only 28% provided a credible number. Reporting how growers measure specific ESG (environmental, social, and governance) outcomes provides much needed and valuable insights that affect new technology adoption rates, policies, financing, and global operations. We're pleased to see CubicFarms taking a leadership role in benchmarking and sharing its significant energy savings."
The Company initiated new data collection to effectively measure energy usage in the CubicFarm System. Patented Crop Motion Technology™ moves plants to one layer of LED grow lights, unlike typical rack and stack layouts of other vertical farms that use multiple layers of energy-intensive LEDs. Findings include:
- 17.6 kilowatt hours ("kWh") per pound in typical vertical farms²
- 8 kWh/pound in a CubicFarm System module (54% less than typical vertical farms)
- 6.67 kWh/pound in a CubicFarms FreshHub System (62% less than typical vertical farms)
The Company's high-density FreshHub with 96 modules benefits from improved efficiencies of the growing system, using 62% less energy than typical vertical farms at 6.67 kWh/pound.
"The new data clearly demonstrates that a CubicFarm System is the most energy-efficient way to grow fresh produce indoors," said Edoardo De Martin, President and Chief Technology Officer, CubicFarms. "The high cost and energy requirements of thousands of LEDs is inefficient when automation allows us to use just a single layer. This industry comparison proves the definitive energy savings for our Farmer Partners growing produce using a CubicFarm System."
"At CubicFarms, we're committed to providing much-needed transparency in the ag-tech industry," said Dave Dinesen, Chief Executive Officer, CubicFarms. "We're in a category of our own with Crop Motion farming challenging the industry and creating the gold standard with the lowest energy requirements in vertical farming. CubicFarms' pioneering technology was initially developed by one of North America's largest greenhouse plant propagation businesses, Bevo Farms. We're leveraging decades of indoor growing experience and our innovative Crop Motion Technology™ to show that we're closer to the minimal energy requirements of greenhouse growing using solar energy. Other vertical farms require two to three times more energy than a CubicFarm System."
According to self-reported data surveyed and compiled in Agritecture's 2021 Global CEA Census Report, greenhouse operations require an average of 2.5 kilowatt hours of energy per pound of produce grown. CubicFarms' indoor growing technology is significantly closer to the low energy consumption typical of greenhouse growing using solar energy. Greenhouse growing requires more land and water than vertical farms, while CubicFarms' FreshHub System occupies one acre and replaces 100 acres of outdoor growing.
"CubicFarm System modules and FreshHubs can be located near major population centres for closer access to more reliable, year-round growing indoors with the added flexibility of less land, less water, localized transportation, and significant energy savings," said Dinesen.
¹Allied Market Research https://www.alliedmarketresearch.com/vertical-farming-market.
²Agritecture 2021 Global CEA Census Report, Typical Vertical Farm Energy Usage https://www.agritecture.com/census.
CubicFarms is a leading local chain agricultural technology company developing and deploying technology to feed a changing world. Its proprietary ag-tech solutions enable growers to produce high quality, predictable produce and fresh livestock feed with HydroGreen Nutrition Technology, a division of CubicFarm Systems Corp. The CubicFarms™ system contains patented technology for growing leafy greens and other crops onsite, indoors, all year round. CubicFarms provides an efficient, localized food supply solution that benefits our people, planet, and economy.
For more information, please visit www.cubicfarms.com.
On behalf of the Board of Directors
"Dave Dinesen"
Dave Dinesen, Chief Executive Officer
This release may contain certain "forward-looking statements" or "forward-looking information" under applicable securities laws. Forward-looking terms such as "may," "will," "could," "should," "would," "plan," "potential," "intend," "anticipate," "project," "target," "believe," "plan," "outlook," "estimate," or "expect" and other words, terms and phrases of similar nature are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are based on certain key expectations and assumptions made by the Company. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct.
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SOURCE CubicFarm Systems Corp. | https://www.mysuncoast.com/prnewswire/2022/05/12/cubicfarm-data-shows-its-systems-use-54-62-less-energy-than-typical-vertical-farms/ | 2022-05-12T12:50:21Z |
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Greenidge Generation Holdings Inc. ("Greenidge" or the "Company") (NASDAQ: GREE). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.
The investigation concerns whether Greenidge and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On February 2, 2022, Greenidge announced selected preliminary operating results for the fourth quarter and full year of 2020. Among other results, the Company reported that it "[e]xpects GAAP Net Loss of $(51) to $(41) million, including a noncash goodwill impairment charge related to the Support.com business of $42 to $47 million[.]"
On this news, Greenidge's stock price fell $1.51 per share, or 11.93%, to close at $11.15 per share on February 2, 2022.
Then, on June 30, 2022, the New York State Department of Environmental Conservation ("DEC") issued a statement "announc[ing] its denial of the Title V air permit renewal for the Greenidge Generation, LLC, facility located in the town of Torrey, Yates County." DEC stated that it had "determined the permit renewal application does not demonstrate compliance with the requirements of the Climate Leadership and Community Protection Act. Based on DEC's review of the specific facts and circumstances presented, this natural gas-fired facility's continued operations would be inconsistent with the statewide greenhouse gas emission limits established in the Climate Act." DEC specified that "[a]mong the factors considered was the dramatic increase in greenhouse gas emissions from the facility since the passage of the Climate Act, driven by the change in the primary purpose of its operations. Rather than solely providing energy to the state's electricity grid, the power plant now primarily provides energy behind-the-meter to support the demands of Greenidge's energy-intensive proof of work cryptocurrency mining operations."
On this news, Greenidge's stock price fell $0.20 per share, or 7.3%, to close at $2.54 per share on June 30, 2022.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.kxii.com/prnewswire/2022/08/01/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-greenidge-generation-holdings-inc-gree/ | 2022-08-01T19:05:51Z |
LaTurner cosponsors bill to redirect American Rescue Plan funds to school safety
TOPEKA, Kan. (WIBW) - Congressman Jake LaTurner has backed legislation that would redirect American Rescue Plan funds to school safety instead in the wake of various mass shootings.
On Wednesday, June 15, U.S. Congressman Jake LaTurner (R-KS) Says he cosponsored House Resolution 7942, the Securing Our Students Act, which was introduced by Representative Burgess Owens (R-UT).
Rep. LaTurner said the legislation would redirect unused American Rescue Plan funds to help identify and implement evidence-based school safety measures. Of the $122 billion appropriated to K-12 schools in 2021′s $1.9 trillion American Rescue Plan, 93% remains unspent.
“As a father of four young kids, I firmly believe that no child in America should fear for their life when they enter the classroom,” LaTurner said. “After the tragedy in Uvalde, it’s vital that Congress puts forward evidence-based solutions to secure our classrooms and prevent future acts of violence. I’m proud to support the Securing Our Students Act to redirect billions of unused federal COVID-19 funding towards implementing new safety measures and ensuring safe learning environments in our schools.”
Specifically, LaTurner said the bill would:
- Clarify school districts and non-public schools can immediately amend plans under the American Rescue Plan and use that money to address school safety needs.
- Include broad categories of uses, a requirement for the funds to be used to meet the specific need of the school, that the measures implemented are evidence-based, and that there is an accounting of funds used for these purposes.
- Require states to act expeditiously to approve any amendments to the plans so that schools can begin improvement of school safety needs without delay.
To read the full text of the legislation, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/15/laturner-cosponsors-bill-redirect-american-rescue-plan-funds-school-safety/ | 2022-06-15T21:39:40Z |
- 18 Florida-based organizations receive funds to support educational opportunities, career training to help meet local workforce needs
ST. PETERSBURG, Fla., July 14, 2022 /PRNewswire/ -- The Duke Energy Foundation and Duke Energy Florida have awarded $697,000 in grants to support a wide range of workforce training and development initiatives, as well as programs focused on attracting and retaining underrepresented and diverse workers.
"Duke Energy remains committed to creating access to workforce opportunities for the customers and communities we serve," said Duke Energy Florida State President Melissa Seixas. "These grants will help the organizations on the front lines assist Florida's current and future workers in obtaining the critical skills necessary to meet the state's evolving workforce needs."
Of the 18 Florida-based organizations that received funding this year, many are among higher education institutions that provide career-focused curriculum and training opportunities for students to gain valuable skills and meet local workforce demands.
For example, Lake-Sumter State College (LSSC) is receiving an $85,000 grant to prepare students for a competitive and high-demand career in linework.
LSSC will work to expand its utility-based program offerings to include a certificate program in renewable energy, as well as continue to provide scholarships to local students interested in participating in the Lineworker Boot Camp.
"We are so appreciative for the Duke Energy Foundation's gift to support energy education programs and student scholarships at Lake-Sumter State College," said Dr. Laura Byrd, senior vice president of institutional advancement and executive director, LSSC Foundation. "Our strong relationship with Duke Energy allows us to offer industry-leading energy education opportunities for students. With this year's gift, we look forward to expanding our programs to include courses and specializations in renewable energy."
Also among the grant recipients is AmSkills, a nonprofit organization that aims to transform lives and strengthen communities through workforce training and apprenticeships for youth, adults, veterans and the economically disadvantaged.
The $21,500 from the Duke Energy Foundation will support the expansion of AmSkills Manufacturing Academy, a Florida Department of Education registered pre-apprenticeship program at Anclote High School in Pasco County.
"Many young adults are not given the opportunity to explore different career paths before graduating, resulting in a group of young people who are unsure of what path to take after high school," said Tom Mudano, AmSkills president and chief executive officer. "AmSkills launched a manufacturing academy at Anclote High School in Pasco County in 2020, and it has grown from 30 students to more than 120 expected for the upcoming school year. Duke Energy's support has helped us both launch and grow this program and is truly helping to transform the lives of many young adults. We are so appreciative of their support."
Grants are administered through the Duke Energy Foundation, which is investing in workforce programs to help create vibrant economies in the communities we serve.
Duke Energy Florida
Duke Energy Florida, a subsidiary of Duke Energy, owns 10,300 megawatts of energy capacity, supplying electricity to 1.9 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.
Duke Energy Foundation
The Duke Energy Foundation provides more than $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The foundation is funded by Duke Energy shareholders.
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. Its electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 28,000 people.
Duke Energy is executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business and at least a 50% carbon reduction from electric generation by 2030 and net-zero carbon emissions by 2050. The 2050 net-zero goals also include Scope 2 and certain Scope 3 emissions. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear.
Duke Energy was named to Fortune's 2022 "World's Most Admired Companies" list and Forbes' "America's Best Employers" list. More information is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos and videos. Duke Energy's illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.
Media contact: Audrey Stasko
Cell: 315.877.3031
Media line: 800.559.3853
Twitter: @DE_AudreyS
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SOURCE Duke Energy | https://www.mysuncoast.com/prnewswire/2022/07/14/duke-energy-ignites-floridas-workforce-with-697000-training-development-grants/ | 2022-07-14T19:27:48Z |
Q1 share price of $20.03 per share, a 100.3% gain since inception and a 35.4% annualized gain for 2021.
TAMPA, Fla. and LOS ANGELES, July 5, 2022 /PRNewswire/ -- RAD Diversified REIT ("RAD") is pleased to announce its updated share price of $20.03 USD per share.
"We are thrilled with our results over the last quarter. We launched RAD Diversified REIT less than three years ago. This means our return since inception is a touch over 100%, and our 2021 annualized gain clocks in at 35.4%," explains co-founder and CEO Dutch Mendenhall.
"What makes me most proud is that this was a collective team effort. The entire RAD organization pulled through everything ranging from a global pandemic to bear markets in the overall stock market. Throughout it all, our team continued to execute. The results bear this out."
RAD Diversified applies its proprietary Diamond Five approach to real estate across the residential, commercial, farmland, and construction markets.
Explains co-founder Amy Vaughn, "Our focus on buying the right assets, in the right markets, and for the right values clearly pays dividends. Not only that, but we're the only company to our knowledge that – in the depths of the COVID-19 pandemic – filed with the SEC our intention to pay at least a 5% dividend every year, regardless of market conditions."
"Next up, we'll continue doing what we do so well in the physical world while at the same time exploring real estate in the digital realm. After all, our world is increasingly interconnected and one timeless real estate rule has never changed: location, location, location. Our team is on the ground in multiple states and digital territories, selecting choice properties for further evaluation."
Since inception, RAD Diversified REIT & Companies have amassed over $100,000,000 in diverse property assets.
On Behalf of the Board,
Dutch Mendenhall
Co-founder and CEO
RAD Diversified REIT Inc.
RAD Diversified REIT is a real estate investment trust that invests in residential, commercial, construction, and farmland real estate markets.
RAD adjusts its share price quarterly based on changes in the underlying net asset value of its portfolio of assets. Since inception, RAD Diversified REIT & Companies have amassed over $100,000,000 in diverse property assets.
Additional information on RAD can be found at its website.
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SOURCE RAD Diversified | https://www.mysuncoast.com/prnewswire/2022/07/05/rad-diversified-reit-announces-updated-share-price-1003-gain-since-inception/ | 2022-07-05T22:32:33Z |
FDA to consider over-the-counter birth control pill
(CNN) – The Food and Drug Administration is set to consider the first-ever birth control pill that would be sold without a prescription in the U.S.
On Tuesday, a joint advisory meeting was officially scheduled for November.
Officials will review an application for over-the-counter approval of the contraceptive Opill, a non-estrogen pill taken orally once a day to prevent pregnancy.
Opill is currently available with a prescription.
HRA Pharma submitted the application weeks after the U.S. Supreme Court overturned Roe v. Wade.
A company official said approval will “help even more women and people access contraception without facing unnecessary barriers.”
Though the review is scheduled for Nov. 18, it’s unclear when a vote might take place.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/09/13/fda-consider-over-the-counter-birth-control-pill/ | 2022-09-13T18:19:38Z |
Ardmore locals save condemned homes to sell to families
ARDMORE, Okla. (KXII) - Ardmore has a hundred and fifty condemned houses as of Monday. They cost money to tear down, but they’re not safe to live in.
Reece Riggle and Brannon Burroughs closed on one of those houses on 2nd Avenue a week ago.
They’re fixing it up to sell it, saving it from the same fate as the neighboring house, which was torn down.
“We have the experience in doing these type of remodels and thought man, there are just so many condemned housing throughout town, and we should really do something about it.,” Riggle said.
Both men have a background in real estate. Burroughs knows construction.
It’s how he decides if a condemned home is a diamond-in-the-rough, or just a money pit.
“The first thing is the bones of the house,” Burroughs said. “Everybody walks up and sees the house and it scares them. When you can look past that and actually have a vision of what the house needs to be... I’ve been doing, my family’s been doing construction since I was little bitty. So its easy to walk in and know what the house is going to need.”
Burroughs said a home could be condemned for one reason, but usually will have several other code violations too. They all need to be fixed before the city will let someone live in it.
Houses can be condemned for major structure issues, such as roof or foundation problems, or even just because the water supply was turned off for too long.
If the problem isn’t fixed, eventually the house is torn down.
The city said on average, it costs $2-3 per square foot to demolish a house.
The 2nd Avenue house was condemned because continued to get broken into.
“According to the city, a lot of vagrants and miscellaneous people have been breaking into this home,” Riggle said.
“Well next thing you know, they may be breaking into the neighbors house, getting into their storage stuff,” Burroughs said.
Burroughs said when it looks like a neighborhood is lived in, the crime goes down.
Riggle said these projects let them provide affordable houses to families in their hometown.
“In order to build up this part of town, it’s important that families have pride of ownership,” Riggle said. “And we’ll give them a good start.”
Riggle said that vision is why they won’t be selling the properties to investors.
“It’s very important to us that these homes go back to the families of Ardmore,” Riggle said. “There’s just a lot of outside investors, anywhere from California to Texas, and they’ll buy these properties, and they’ll just let them sit and not do anything with them. A family will take care of a home more than an investor would.”
“Some contractors come in and just, lipstick on a pig. They just throw a bunch of paint on it and call it all good,” Burroughs said. “We’re not gonna be like that. We’re gonna take pride in our homes.”
Burroughs also said they’ll offer a year-long warranty to the families that purchase the homes.
Have a condemned home you’d like to sell? Find them on Facebook here.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/05/09/ardmore-locals-save-condemned-homes-sell-families/ | 2022-05-09T23:51:17Z |
TORONTO, May 16, 2022 /PRNewswire/ - Auxly Cannabis Group Inc. (TSX: XLY) (OTCQX: CBWTF) ("Auxly" or the "Company") today released its financial results for the three months ended March 31, 2022. These filings and additional information regarding Auxly are available for review on SEDAR at www.sedar.com.
- 147% increase in net sales compared to Q1 in 2021 - recorded net revenues of $22.6M for the three months ended March 31, 2022;
- SG&A of $12.8M in Q1 2022 decreased slightly quarter-over-quarter with the full quarter consolidation of Auxly Leamington;
- Adjusted EBITDA improved year-over-year by approximately 14%;
- Continue to hold the #1 LP position in Cannabis 2.0 sales nationally;
- Back Forty remains the #1 vape brand in the country and became the #4 flower brand nationally in the quarter;
- Maintained its position as one of the top 5 LPs in Canada in total cannabis sales with 6.9% market share;
- With growing competition in vapes, the largest 2.0 product category, Auxly continued to hold the #1 LP position in national sales with 20% market share;
- Successfully launched 10 new SKUs into the market in the quarter, including solventless live rosin vapes, new infused pre-roll strains and the first-to-market Live Rosin Chew all under Kolab Project brand;
- Recorded non-cash impairment of approximately $25.7M related to the closure of Auxly Annapolis and Auxly Annapolis OG cultivation facilities.
Hugo Alves, CEO of Auxly, commented: "Amid intense and growing competition and seasonal buying trends in the Canadian cannabis market, Auxly continued to see strength in sales, increasing revenues 147% year-over-year. Though this quarter presented some ongoing supply chain and operational challenges preventing us from meeting consumer demands for our branded cannabis products, we believe we have taken the necessary steps to correct these issues for the coming quarters, allowing us to increase fill rates and continue with our exciting new product launches throughout the year. We continue to lead the market in cannabis 2.0 products and remain focused on building to leadership in dried flower and pre-rolls and improving our business to achieve our goal of reaching adjusted EBITDA profitability."
For the three months ended March 31, 2022, net revenues were $22.6 million as compared to $9.2 million during the same period in 2021, an improvement of 147%. Revenue in the first quarter of 2022 was comprised of approximately 61% in Cannabis 2.0 Product sales, with the remainder from Cannabis 1.0 Product sales. Net revenues improved as a result of the Company's expansion into Cannabis 1.0 Products and continued leadership in Cannabis 2.0 Products. Consistent with prior periods, as the Company does not participate in the Quebec market, approximately 85% of cannabis sales during the first quarter of 2022originated from sales to British Columbia, Alberta and Ontario.
Auxly realized a gross profit of $3.7 million resulting in a 16% Gross Profit Margin1 for the quarter ended March 31, 2022, compared to $2.3 million (26%) during the same period in 2021. Gross profits were impacted by the biological assets and inventory impairments of $5.0 million associated with the closure of the Auxly Annapolis and Auxly Annapolis OG facilities as announced on February 7, 2022. Cost of Finished Cannabis Inventory Sold Margin1 was 23%, 2% lower than the same period of 2021, however 3% greater than the fourth quarter of 2021, inclusive of the impact of Auxly Leamington.
Following the acquisition of Auxly Leamington, the Company recognizes gross profit or loss from Auxly Leamington only as product is sold to the Company's customers after being further processed by Auxly Ottawa or Auxly Charlottetown. During the first quarter of 2022, the Company realized approximately $1.5 million of additional gross profit from the sale of finished cannabis inventory sold. Prior to the acquisition of Auxly Leamington in November 2021, the net earnings of Auxly Leamington were recorded in other income and expenses on an equity basis in proportion to the Company's ownership in the joint venture.
Biological and inventory impairments of $0.7 million and $4.9 million respectively were attributable to the closure of the Auxly Annapolis and Auxly Annapolis OG facilities.
Unrealized fair value gains and losses on biological assets and realized fair value gains and losses on inventory in the first quarter of 2022 primarily relate to Auxly Leamington. In 2021, prior to the acquisition, Auxly Leamington was accounted for under the equity method.
Selling, general and administrative expenses ("SG&A") are comprised of wages and benefits, office and administrative, professional fees, business development, share-based payments, and selling expenses. SG&A expenses were $12.8 million during the first quarter of 2022, slightly lower than the fourth quarter of 2021 with the full quarter consolidation of Auxly Leamington, and $3.6 million higher than the first quarter of 2021.
Wages and benefits were $5.7 million during the first quarter of 2022, approximately $1.5 million higher than the same period of 2021, primarily from workforce additions to support Cannabis 1.0 Product sales and in support of higher revenues, and the addition of the Auxly Leamington workforce of approximately $0.5 million.
Office and administrative expenses were $3.6 million during the current quarter, increasing by $0.5 million compared to the same period in 2021. The increased expenditures primarily relate to the addition of Auxly Leamington of approximately $0.7 million.
Auxly's professional fees were $0.4 million during the first quarter of 2022, which was consistent with 2021. Professional fees incurred during the period primarily related to accounting fees, regulatory matters, reporting issuer fees, and legal fees associated with certain corporate activities.
Business development expenses were $0.1 million for the three months ended March 31, 2022, as compared to $Nil during the same period in 2021. These expenses have been nominal during the COVID-19 pandemic and primarily relate to acquisition, business development and travel related expenses.
Share-based compensation was $0.2 million for the three months ended March 31, 2022, which was consistent with the same period in 2021. The expense is a function of the number of option grants, the weighted average aging of the grants and the share price at the time of grant.
Selling expenses were $2.9 million for the three months ended March 31, 2022, an increase of $1.6 million over the same period in 2021, as a result of cannabis sales activities comprised of brokerage fees earned by Kindred, Health Canada fees related to higher revenues, and increased marketing initiatives for Cannabis Products.
Depreciation and amortization expenses were $4.6 million for the period ended March 31, 2022, $2.2 million greater than the same period of 2021. The increase in expense during the current period is primarily related to additional capital expenditures and inclusion of Auxly Leamington representing approximately $0.7 million.
Interest expenses were $5.1 million in the three months ended March 31, 2022, an increase of $0.5 million over the same period in 2021 primarily as a result of the inclusion of Auxly Leamington, which accounted for approximately $0.9 million. Interest expense includes accretion on the convertible debentures and interest paid in kind on the $123 million Imperial Brands Debenture. Interest payable in cash was approximately $1.4 million for the current quarter.
Total other incomes and losses for the quarter were a $23.9 million loss as compared to a gain of $3.5 million during the same period in 2021.
The impairment of long-term assets of $12.9 million and intangible assets and goodwill of $10.8 million respectively in the first quarter of 2022 relates to the closure of the Auxly Annapolis and Auxly Annapolis OG facilities where the carrying value exceeds the fair value less cost to sell.
Gains and losses on settlement of assets and liabilities and other expenses in the prior year quarter were primarily associated with a gain on the settlement of a $5.8 million liability associated with a non-monetary product exchange with another licensed producer.
The share of loss on investment in joint venture of $0.5 million represents the Company's proportionate share of Auxly Leamington's earnings prior to its acquisition in November 2021, which results are presently consolidated into the Company's financial statements.
Auxly is exposed to foreign exchange fluctuations from the U.S. dollar to CAD dollar exchange rate primarily related to inventory, capital purchases and Inverell net assets. During the period ended March 31, 2022, the Company reported a foreign exchange loss of $0.4 million as compared to a loss of $0.6 million during the same period of 2021.
Net losses attributable to shareholders of the Company were $39.8 million for the three months ended March 31, 2022, representing a net loss of $0.05 per share on a basic and diluted basis. The loss of $29.4 million relative to the same period in 2021 was primarily related to the net impact of approximately $25.7 million related to the closure of the Auxly Annapolis and Auxly Annapolis OG facilities during the period and a gain on the settlement of assets and liabilities and other expenses of $4 million in 2021.
Adjusted EBITDA of negative $5.6 million during the three months ended March 31, 2022 was $0.9 million better than the same period in 2021, primarily related to higher gross profits before fair value adjustments and impairment charges, partially offset by higher SG&A.
On May 27, 2021, the Company announced that it had reached an agreement to sell KGK to Myconic Capital Corp. (now Wellbeing Digital Sciences Inc.) ("Wellbeing"), and on June 2, 2021, completed the sale of KGK to Wellbeing. As a result of the sale, results from operations and cash flows from KGK have been presented as discontinued operations, as applicable, on a retrospective basis.
In 2022, Auxly remains committed to building on its success as a Canadian market leader. The Company plans to drive organic growth through continued innovation, increased brand traction, and ubiquitous distribution, while prioritizing operational efficiencies and profitability. The Company's high-level objectives for 2022 are:
- Improve revenue and Gross Profit Margin to achieve positive Adjusted EBITDA
- Win with consumers and increase brand traction
The Company is pleased with its first quarter results, with seasonality having had less of an impact on revenue as compared to the same period in 2021. However, it did encounter operational challenges throughout the quarter, such as lower winter yields at Auxly Leamington and hardware and packaging shortages due to supply chain disruptions. The Company believes that those challenges are largely behind it, and is very encouraged by yield and overall product quality improvements that it has seen at Auxly Leamington, which it believes will better equip Auxly to meet the demand for its flower and pre-roll products.
The Company has and will continue to put its consumers first by addressing their evolving needs and preferences through its industry leading, insight-driven innovation pipeline. During the first quarter of 2022, Auxly successfully launched 10 of the anticipated 60 new SKUs planned to be launched throughout the year, to strong early results and consumer acclaim. Auxly continues to prioritize investing in innovations for key growth categories, while maintaining its standards for producing the high-quality products that are contributing to its growing consumer awareness and brand equity.
Finally, the Company remains focused on cost control and margin enhancement through continued process improvements and investments in automation. While its first quarter SG&A now includes a full quarter of Auxly Leamington expenses for the first time, the Company was still able to maintain flat SG&A compared to the previous quarter and also continue to make improvements to Adjusted EBITDA. The Company remains confident in its second quarter sales outlook and in its ability to achieve Adjusted EBITDA profitability in 2022.
Please see the Company's MD&A dated March 30, 2022, under "Non-GAAP Measures" for a further description of the following financial and supplementary financial measures.
These are non-GAAP measures used in the cannabis industry and by the Company to assess operating performance removing the impacts and volatility of non-cash and other adjustments. The definition may differ by issuer. The Adjusted EBITDA reconciliation is as follows:
Gross Profit Margin
"Gross Profit Margin" is defined as gross profit divided by revenue. Gross profit margin is a supplementary financial measure.
Cost of Finished Cannabis Inventory Sold Margin
"Cost of Finished Cannabis Inventory Sold Margin" is a supplementary financial measure and is defined as Cost of Finished Cannabis Inventory Sold divided by revenue.
ON BEHALF OF THE BOARD
"Hugo Alves" CEO
Auxly is a leading Canadian cannabis company dedicated to bringing innovative, effective, and high-quality cannabis products to the wellness and adult-use markets. Auxly's experienced team of industry first-movers and enterprising visionaries have secured a diversified supply of raw cannabis, strong clinical, scientific and operating capabilities and leading research and development infrastructure in order to create trusted products and brands in an expanding global market.
Learn more at www.auxly.com and stay up to date at Twitter: @AuxlyGroup; Instagram: @auxlygroup; Facebook: @auxlygroup; LinkedIn: company/auxlygroup/.
This news release contains certain "forward-looking information" within the meaning of applicable Canadian securities law. Forward-looking information is frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or information that certain events or conditions "may" or "will" occur. This information is only a prediction. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking information throughout this news release. Forward-looking information includes, but is not limited to: the proposed operation of Auxly, its subsidiaries and partners; the intention to grow the business, operations and existing and potential activities of Auxly; proposed timelines for the build-out, licencing and commercialization of the Company's facilities and projects; the Company's response to the COVID-19 pandemic; the impact of the COVID-19 pandemic on the Company's current and future operations; the Company's execution of its innovative product development, commercialization strategy and expansion plans; the Company's intention to introduce innovative new cannabis products to the market and the timing thereof; the anticipated benefits of the Company's partnerships, research and development initiatives and other commercial arrangements; the anticipated benefits of the Company's acquisition of Auxly Leamington; the expectation and timing of future revenues and of positive Adjusted EBITDA; expectations regarding the Company's expansion of sales, operations and investment into foreign jurisdictions; future legislative and regulatory developments involving cannabis and cannabis products; the timing and outcomes of regulatory or intellectual property decisions; the relevance of Auxly's subsidiaries' current and proposed products with provincial purchasers and consumers; consumer preferences; political change; competition and other risks affecting the Company in particular and the cannabis industry generally.
A number of factors could cause actual results to differ materially from a conclusion, forecast or projection contained in the forward-looking information in this release including, but not limited to, whether: the Company will be able to execute on its business strategy; Auxly's subsidiaries and partners are able to obtain and maintain the necessary governmental and regulatory authorizations to conduct business; the Company is able to successfully manage the integration of its various business units with its own; there are not materially more closures or lockdowns related to the COVID‐19 pandemic; the Company's subsidiaries and partners obtain and maintain all necessary governmental and regulatory permits and approvals for the operation of their facilities and the development of cannabis products, and whether such permits and approvals can be obtained in a timely manner; the Company will be able to successfully integrate Auxly Leamington's operations with its own, and whether the expected benefits of the acquisition materialize in the manner expected, or at all; the Company will be able to successfully launch new product formats and enter into new markets; there is acceptance and demand for current and future Company products by consumers and provincial purchasers; the Company will be able to increase revenues and achieve positive Adjusted EBITDA; and general economic, financial market, legislative, regulatory, competitive and political conditions in which the Company and its subsidiaries and partners operate will remain the same. Additional risk factors are disclosed in the annual information form of the Company for the financial year ended December 31, 2021 dated March 30, 2022.
New factors emerge from time to time, and it is not possible for management to predict all of those factors or to assess in advance the impact of each such factor on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking information. The forward-looking information in this release is based on information currently available and what management believes are reasonable assumptions. Forward-looking information speaks only to such assumptions as of the date of this release. In addition, this release may contain forward-looking information attributed to third party industry sources, the accuracy of which has not been verified by the Company. The forward-looking information is being provided for the purposes of assisting the reader in understanding the Company's financial performance, financial position and cash flows as at and for periods ended on certain dates and to present information about management's current expectations and plans relating to the future, and the reader is cautioned that such forward-looking information may not be appropriate for any other purpose. Readers should not place undue reliance on forward-looking information contained in this release.
The forward-looking information contained in this release is expressly qualified by the foregoing cautionary statements and is made as of the date of this release. Except as may be required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events, whether as a result of new information, future events or results, or otherwise.
Neither Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Auxly Cannabis Group Inc. | https://www.wibw.com/prnewswire/2022/05/16/auxly-reports-q1-2022-financial-results/ | 2022-05-16T11:37:19Z |
Program efforts contribute to the organization's broader sustainability goal of diverting 25 million pounds of food from landfills by 2025
ATLANTA, Aug. 31, 2022 /PRNewswire/ -- Thanks to the extraordinary efforts of participating Chick-fil-A® restaurant Operators, the Chick-fil-A Shared Table® program has achieved a major milestone: donating more than 15 million meals since the start of the program to help fight food insecurity and reduce food waste in the local communities it serves.
The program has expanded significantly over its 10-year history with restaurants across the U.S. and Canada, donating more than 3 million meals in 2022 to date. This effort to fight food insecurity in local communities also supports a broader sustainability goal for Chick-fil-A, which is looking to divert 25 million pounds of food waste from landfills by 2025 through programs such as Chick-fil-A Shared Table, composting and other efforts.
Chick-fil-A also continues to fight hunger through its support of Feeding America. The company has donated nearly $10 million to the organization since 2020, and Chick-fil-A continues to contribute $25,000 to Feeding America every time it opens a new restaurant.
The Chick-fil-A Shared Table program started in 2012 with the mission of helping Operators fight hunger and reduce waste in their local communities by donating surplus food to local soup kitchens, shelters and nonprofits to feed those in need. Chick-fil-A works with Food Donation Connection and Second Harvest to connect Operators with these organizations, and more than 1,300 restaurants across the U.S. and Canada now participate in the program.
The success of the Chick-fil-A Shared Table program can be attributed to the Operators' passion to care for their communities and make a positive impact on those around them. "When I helped start this program more than a decade ago, I never imagined we would impact this many people one day," said Sandeep Kapoor, Operator of Chick-fil-A Macland Crossing in Marietta, Georgia. "It is my hope that this already impressive number of meals donated will double and triple in the years to come." Kapoor and his Team Members have helped provide more than 11,000 meals to the Marietta community through this program.
"The Chick-fil-A Shared Table program exists and thrives because Operators and their Team Members take initiative to make an impact in their own backyards," said Rodney Bullard, vice president of corporate social responsibility for Chick-fil-A, Inc. "Whether that's through 100% restaurant participation in San Antonio, Team Members serving at local soup kitchens, or taking food waste reduction a step further through composting efforts in a Georgia restaurant, our restaurants around the country embrace the opportunity to make a difference."
To learn more about the Chick-fil-A Shared Table program and other ways Chick-fil-A is making a positive impact in its communities, visit chick-fil-a.com/giving-back.
Atlanta-based Chick-fil-A, Inc. is a restaurant company known for the Original Chick-fil-A® Chicken Sandwich and signature hospitality. Represented by more than 170,000 Team Members, Operators and Staff, Chick-fil-A® restaurants serve guests freshly prepared food at more than 2,700 restaurants in 48 states, Washington, D.C., Puerto Rico and Canada. The family-owned and privately held restaurant company was founded in 1967 by S. Truett Cathy and is committed to serving the local communities in which its franchised restaurants operate.
Known for its leadership and growth opportunities, in 2022 Chick-fil-A was named a Best Employer in America by Forbes and a top company for career opportunities for Black employees by Glassdoor. The company was also awarded the Employee's Choice by Glassdoor honoring top CEOs and was named a Culture 500 Culture Champion in 2020. A leader in customer service, Chick-fil-A was named QSR magazine's Drive-Thru Restaurant of the Year in 2021. More information on Chick-fil-A is available at www.chick-fil-a.com and @ChickfilANews.
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SOURCE Chick-fil-A, Inc. | https://www.kxii.com/prnewswire/2022/08/31/chick-fil-a-shared-table-program-passes-15-million-meal-milestone-furthering-commitment-help-fight-hunger/ | 2022-08-31T15:13:51Z |
Justice Dept. provides judge with redacted Trump affidavit
WASHINGTON (AP) — The Justice Department on Thursday submitted to a judge a redacted version of the affidavit it relied on when federal agents searched the Florida estate of former President Donald Trump to look for classified documents.
U.S. Magistrate Judge Bruce Reinhart will decide whether the sealed FBI affidavit, which presumably lays out a detailed factual basis for the search, will become public — and if so, how much is disclosed.
“The United States has filed a submission under seal per the Court’s order of Aug. 22,” Justice Department spokesman Anthony Coley said in a statement. “The Justice Department respectfully declines further comment as the Court considers the matter.”
Reinhart had given the department until Thursday at noon to propose to him the redactions to the affidavit it wanted to make before any portion of it was released to the public. But he acknowledged on Monday that it was possible that the redactions, or blacked-out portions, would be so extensive as to leave the public version of the document without any meaningful information.
The affidavit is likely to contain key information about the FBI’s basis for executing a search warrant at Mar-a-Lago in Palm Beach on Aug. 8. Documents already made public as part of the investigation show that the FBI retrieved from the property 11 sets of classified documents, including information marked at the top secret level.
The documents also showed that the FBI was investigating the “willful retention of national defense information,” the concealment or removal of government records and obstruction of a federal investigation.
Multiple news media organizations, including The Associated Press, argued in court last week for the disclosure of the affidavit, citing the extraordinary public interest in the federal search of a former president’s home. Trump and some of his supporters have also encouraged the document’s release.
The Justice Department has opposed the release, saying the disclosure risks compromising an ongoing criminal investigation, revealing information about witnesses and divulging investigative techniques.
Reinhart has said that though he was sensitive to the department’s concerns, he was not inclined to keep the entire document sealed and directed officials to submit to him redactions of the document reflecting the information it wants to keep secret.
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Follow Eric Tucker on Twitter at http://www.twitter.com/etuckerAP
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Find more on Donald Trump-related investigations: https://apnews.com/hub/donald-trump
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/25/justice-dept-provides-judge-with-redacted-trump-affidavit/ | 2022-08-25T17:45:49Z |
SANTA FE, N.M. (AP) — New Mexico’s governor is asking for additional federal assistance to respond to wildfires burning across the state’s north, including one that is the second-largest in the state’s history and that officials estimate has destroyed hundreds of homes.
Gov. Michelle Lujan Grisham said Friday in a letter to President Joe Biden that New Mexico needs more help than is being provided under the president’s recent disaster declaration.
The needed response, including immediate funding for debris removal and “a full range of emergency protective measures,” exceeds the state’s capabilities and the federal government should bear 100% of the costs because one part of the fire was ignited by wind-blown embers from a prescribed burn on the Santa Fe National Forest, the governor said.
That fire has since merged with another blaze and grown to 437 square miles (1,133 square kilometers). The 5-week-old combined fire for a time threatened the small New Mexico city of Las Vegas before being stopped just outside town in the past week. Fire crews continue to work to keep the fire from multiple rural communities.
Officials said Saturday that weather conditions still included unhelpful high temperatures and low humidity, but that less smoke had allowed firefighting aircraft to take to the skies for a second straight day to battle the blaze.
At one point late Saturday afternoon, the fire’s smoke column reached 30,000 feet (9,144 meters), creating the possibility that it could collapse on itself and create swirling winds close to the ground. Fire crews along part of the fire’s western flank were warned of that potential hazard, fire spokesman Mike De Fries said.
Wildfires have broken out this spring across multiple states in the western U.S., including California, Colorado and Arizona. Predictions for the rest of the spring do not bode well for the West, with drought and warmer weather brought on by climate change worsening wildfire danger.
Nationwide, more than 2,000 square miles (5,180 square kilometers) have burned so far this year — the most at this point since 2018, according to the National Interagency Fire Center.
In Colorado, a fire burning southwest of Colorado Springs grew to 1.5 square miles (3.8 square kilometers) overnight and is 10% contained, officials from the Teller County Sheriff’s Office said Saturday morning.
The blaze, now known as the High Park Fire, broke out Thursday near the former mining town of Cripple Creek. The cause of the fire remains unknown.
By Thursday evening at least 120 people from 40 residences evacuated the area, the Teller County Sheriff’s Office posted on Facebook.
Officials say the fire could continue to grow as gusts are expected to reach as high as 35 mph (56 kph). Winds are expected to die down around 2 p.m. which could help firefighting efforts.
In New Mexico, the largest wildfire has a 500-mile (805-kilometer)) perimeter, longer than the distance between San Francisco and San Diego, and was just 27% contained. Another fire to the west near Los Alamos has burned 71 square miles (184 square kilometers) and was 23% contained.
Nearly 3,000 firefighters and other personnel are fighting the two fires.
Fire officials said the largest fire has destroyed at least 473 structures, including homes and other buildings. Lujan Grisham’s office on Friday provided an updated estimate that 262 homes had been destroyed but stressed that authorities have been unable to safely enter many burned areas to assess damage.
In other developments, New Mexican House Republican leaders on Friday called for the state to join a federal investigation into the handling of the prescribed burn that started the worst blaze.
“It is our sincerest belief that the people of northern New Mexico deserve an impartial and detailed investigation conducted by parties other than those employed by the federal government,” the GOP lawmakers said in a letter to Lujan Grisham, a Democrat. | https://cw33.com/news/u-s-news/ap-u-s-headlines/new-mexico-governor-seeks-more-us-aid-for-wildfire-response/ | 2022-05-15T06:05:31Z |
Research results from 45 studies across more than 20 various solid tumor types demonstrate the impact of Caris' approach to molecular profiling across the continuum of cancer care
IRVING, Texas, May 26, 2022 /PRNewswire/ -- Caris Life Sciences®(Caris), the leading molecular science and technology company actively developing and delivering innovative solutions to revolutionize healthcare today, announced that the company and partners within its Precision Oncology Alliance™ (POA) will collectively present 45 studies across more than 20 various solid tumor types at the 2022 American Society of Clinical Oncology (ASCO) Annual Meeting from June 3-7, 2022 (Booth #22081).
"The breadth of research being presented at ASCO illustrates the power of comprehensive molecular profiling and large-scale collaboration between more than 60 sites to address some of the biggest challenges in cancer care and precision oncology today," said Chadi Nabhan, M.D., MBA, FACP, Chairman of the Caris Precision Oncology Alliance. "The findings of these studies could help improve outcomes for patients with difficult-to-treat cancers and pioneer new approaches to care across diverse tumor types and patient populations."
"At Caris, our goal is to enable clinicians to make the best treatment choices, researchers to discover new targets, and the biopharmaceutical industry to develop the next breakthrough medicines," said David Spetzler, M.S., Ph.D., MBA, President and Chief Scientific Officer of Caris. "These presentations show how our scientists and partners in the POA are using Caris' unique AI-driven platform – which combines data from DNA (Whole Exome), RNA (Whole Transcriptome), and protein profiling with real-world clinical evidence from over 378,000 lifetime cases – to unravel the complexities of cancer. Ultimately, these discoveries could advance personalized cancer care and improve outcomes for many patients."
The Caris Precision Oncology Alliance includes 65 cancer centers and academic institutions in the United States and beyond. These institutions have early access to the extensive database and artificial intelligence platform within Caris to establish evidence-based standards for cancer profiling and molecular testing in oncology. By leveraging the comprehensive genomic, transcriptomic and proteomic data available through Caris molecular profiling, Caris seeks to provide this network with the ability to prioritize therapeutic options and determine which clinical trial opportunities may benefit their patients. POA members are also able to integrate with a growing portfolio of biomarker directed trials sponsored by biopharma. Additionally, as a member of the POA, institutions have access to Caris CODEai™, the most comprehensive data solution in the industry with cancer treatment information and real-world clinical outcomes evidence for over 275,000 patients covering over 1 million data points per patient.
Three oral discussions focus on difficult to treat tumors and aggressive tumor types with low survival rates:
- Comprehensive Genomic and Transcriptomic Characterization of Small Bowel Adenocarcinoma (Poster Number: 6)
June 4, 2022, 1:15-2:45 PM CDT - Biological and prognostic relevance of epigenetic regulatory genes in high-grade gliomas (HGGs) (Poster Number: 3570)
June 5, 2022, 11:30 AM-1:00 PM CDT - Surfaceome profiling revealed unique therapeutic vulnerabilities in transcriptional subtypes of small cell lung cancer (SCLC) (Poster Number: 142)
June 6, 2022, 11:30 AM-1:00 PM CDT
Other notable studies among the 45 accepted abstracts focus on key topics in oncology such as the tumor microenvironment, mechanisms of therapeutic resistance and rare biomarkers:
- The tumor microenvironment and immune infiltration landscape of KRAS mutant pancreatic ductal adenocarcinomas (PDAC) compared to colorectal adenocarcinomas (CRC) (Poster Number: 127)
June 4, 2022, 8:00-11:00 AM CDT - Claudin 18 (CLDN18) gene expression and related molecular profile in gastric cancer (GC) (Poster Number: 36)
June 4, 2022, 8:00-11:00 AM CDT - The differential response to immune checkpoint inhibitors in colorectal and endometrial cancer patients according to different mismatch repair alterations (Poster Number: 418)
June 4, 2022, 8:00-11:00 AM CDT - Characterization of TIM3 and its ligands in colorectal cancer (Poster Number: 341)
June 4, 2022, 8:00-11:00 AM CDT - Exploring the nuances between BRCA1 and 2: a multiomic analysis (Poster Number: 456)
June 4, 2022, 1:15-4:15 PM CDT - S1314 Correlative analysis of ATM, RB1, ERCC2 and FANCC mutations and pathologic complete response (pT0) at cystectomy after neoadjuvant chemotherapy (NAC) in patients with muscle invasive bladder cancer (MIBC): implications for bladder preservation (Poster Number: 72)
June 4, 2022, 1:15-4:15 PM CDT - Reversion mutations in BRCA1 or BRCA2 genes: Resistant mechanism(s) in patients treated with platinum-based agents or poly (ADP-ribose) polymerase (PARP) inhibitors (Poster Number: 124)
June 5, 2022, 8:00-11:00 AM CDT - Characterization of MET exon 14 skipping alterations (METex14) in non–small cell lung cancer (NSCLC) using whole transcriptome sequencing (WTS) (Poster Number: 108)
June 6, 2022, 8:00-11:00 AM CDT
Poster and abstract summaries highlighting this research will be available onsite at Caris' booth 22081. The full abstracts will be available through the official ASCO website on May 26.
Caris Life Sciences® (Caris) is the leading molecular science and technology company actively developing and delivering innovative solutions to revolutionize healthcare and improve patient outcomes. Through comprehensive molecular profiling (Whole Exome and Whole Transcriptome Sequencing) and the application of advanced artificial intelligence (AI) and machine learning algorithms, Caris has created the large-scale clinico-genomic database and cognitive computing needed to analyze and unravel the molecular complexity of disease. This information provides an unmatched resource and the ideal path forward to conduct the basic, fundamental research to accelerate discovery for detection, diagnosis, monitoring, therapy selection and drug development to improve the human condition.
With a primary focus on cancer, Caris' suite of market-leading molecular profiling offerings assesses DNA, RNA and proteins to reveal a molecular blueprint that helps patients, physicians and researchers better detect, diagnose and treat patients. Caris' latest advancement, which is currently available within its Precision Oncology Alliance, is a blood-based, circulating nucleic acids sequencing (cNAS) assay that combines comprehensive molecular analysis (Whole Exome and Whole Transcriptome Sequencing from blood) and serial monitoring – making it the most powerful liquid biopsy assay ever developed.
Headquartered in Irving, Texas, Caris has offices in Phoenix, New York, Denver, Tokyo, Japan and Basel, Switzerland. Caris provides services throughout the U.S., Europe, Asia and other international markets. To learn more, please visit CarisLifeSciences.com or follow us on Twitter (@CarisLS).
Caris Life Sciences Media Contact:
Lisa Burgner
lburgner@carisls.com
469.822.9330
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SOURCE Caris Life Sciences | https://www.mysuncoast.com/prnewswire/2022/05/26/caris-life-sciences-showcase-extensive-research-with-leading-cancer-centers-reflecting-its-commitment-improving-outcomes-patients-asco-2022/ | 2022-05-26T22:30:56Z |
NTSB: Robinson Lalin was getting off MBTA Red Line train when he got trapped, died
By WBZ Staff
Click here for updates on this story
BOSTON (WBZ) — Federal investigators are releasing new information about the deadly crash on the MBTA Red Line. The NTSB said Robinson Lalin, who died early Sunday morning after becoming trapped by a train door was getting off the train at the Broadway Station at the time.
He was dragged and then died from his injuries.
The NTSB said the full investigation into the incident could take up to a year.
Robinson’s family said he rode the T every day and they’re left wondering how this could have happened.
“I’m going to miss everything about him,” Robinson’s nephew Kelvin Lalin said. “He always lit up the room everywhere he went. He’s loved by everyone.”
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/04/16/ntsb-robinson-lalin-was-getting-off-mbta-red-line-train-when-he-got-trapped-died/ | 2022-04-16T21:11:03Z |
Demanding quarter, but management believes positive inflection point has been reached with strong 2H trend underway
Record June sales of $34 million, growing to 60% in hard currency, and Total Annual Value of Sales in Q2 increasing 16.4% to $54.7 million
Accelerated 2022 cost efficiency program, realizing $15 million cost reductions by year-end, or $25 million on an annualized basis.
Cash position rose 6.1% to healthy $103 million, with strong free cash flow turnaround to positive $5 million, versus negative $26 million in 2Q21 and negative $65 million in 1Q22
Working capital improved to positive $9 million in 2Q22, versus negative $25 million in 2Q21
Due to uncertain macroeconomic conditions, annual guidance revised to flat revenue growth, EBITDA margin of 11.5% to 12.5%, and leverage ratio of 3.0x to 3.5x
Strong year-end exit rate forecasted, based on sales momentum and improving cost structure
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- Atento S.A. (NYSE: ATTO) ("Atento" or the "Company"), one of the five largest providers of Customer Relationship Management and Business Process Outsourcing (CRM / BPO) services worldwide and sector leader in Latin America, announced today its second quarter operating and financial results for the period ending June 30, 2022. All comparisons in this announcement are year-over-year (YoY) and in constant-currency (CCY), unless otherwise noted.
Volume recovery slower than expected
- Total Annual Value of sales (TAV) increased 16.4% to $54.7 million, growing 88.7% in hard currencies that accounted for 60.2% of TAV
- Excluding the effect of a large one-time Covid-19 services contract signed with State of Maryland in first quarter 2021, TAV would have increased 27.7% in first-half 2022
- Revenue decreased 4.0% to $363.8 million, with Multisector and Telefónica (TEF) sales decreasing 3.3% and 5.5%, respectively, due to lower client volumes, mainly in Brazil and the US, partially offset by inflation pass-through
- Hard-currency revenues expanded to 26% of total revenue
- Brazil TEF sales declined 14.7%, due to the cost-cutting program that this client implemented in the first quarter, which requires reduced CX volumes
EBITDA impacted by reduced volumes, additional one-time severance costs and higher inflation
- EBITDA decreased 44.2% to $28.5 million on aforementioned declines in Multisector and TEF sales, coupled with high severance costs related to new cost efficiency initiatives, ramp up of new client programs and higher inflation, as well as positive one-offs in second quarter of 2021
- Decrease in EBITDA and 543 bps margin contraction were partially offset by improved inflation pass-through
- Net loss of $12.1 million, or negative EPS of $0.83, mainly due to net financial expenses of $12.9 million, $8.7 million of which was non-cash items related to change in fair value of hedges
- Cash financial costs were $29.6 million, of which $20.9 million was a bond interest payment and other interest expenses, primarily those related to the Company's hedges and bank credit facilities
- Free cash flow of $4.5 million
- Despite decreased EBITDA, improved working capital management and lower Capex resulted in positive operating cash flow of $7 million
- Healthy exit rate at quarter-end, with revenue, EBITDA and operating cash flow forecasted to accelerate during second half of year
Healthy cash position
- Healthy cash position of $102.9 million, including $75 million from existing credit revolvers
- At the end of 2Q22, LTM net debt-to-EBITDA was 5.3x, or 3.8x when excluding EBITDA impact of cyberattack in Q4 2021
- Shareholders' equity was negative $130.9 million at June 30, 2022, mainly due to $108.5 million in financial items consisting of $68.8 million in balance sheet and P&L conversion, $39.7 million in financial costs and a negative net $7.1 million change in fair value of hedging instruments
Additional cost reduction initiatives
- Cost reduction initiatives began in April 2022, focused on two areas: SG&A efficiencies, Labor Cost/Headcount and 360° Vendor Revision
- Reduction of fixed costs expected to reach $25 million on an annualized basis ($15 million realizing through July)
Summarized Consolidated Financials
Message from Management
The second quarter was a challenging one, as the recovery in volumes was slower than our expectations, with continued higher inflation across our markets and one-off costs on accelerating structural efficiency programs.
However, based on strong sales in June and July and a growing pipeline, we are expecting 2022 to be the fourth consecutive year of record sales. Moreover, with the investments that we made in further reducing Atento's cost structure, we expect to reap the benefits of $25 million in annualized cost savings, as revenues rise and we continue ramping up new client programs during the remainder of the year and into 2023.
A new account management structure combined with expanding partnerships and effective channel marketing are enabling us to sell more, sell better and sell what we want, namely delivering higher-value services to higher-growth, higher-margin clients. A more effective sales organization also means increasing hard currency revenues, which represented 60% of sales in Q2, versus 37% last year.
Also encouraging was the nearly $5 million in free cash flow that we generated in the quarter, which allowed us to finish with healthy cash position. The cash flow reflects not just a leaner cost structure, but also greater efficiencies, including significantly better working capital management, thanks to new processes and systems that have been implemented to improve the core of our organization. After passing the halfway mark, we remain ahead of plan with regard to inflation pass-through, which we still expect to be approximately 80% of total contract value by year-end.
Given the uncertain macroeconomic conditions, annual guidance was revised to flat revenue growth, EBITDA margin of 11.5% to 12.5%, and a leverage ratio of 3.0 to 3.5x. Although we have revised guidance downward, we still forecast a healthy exit rate at the end of the year, in terms of revenue growth and EBITDA margin, putting us back on a course for much-improved cash flow and debt leverage in 2023.
Second Quarter Segment Reporting
Brazil
Brazil revenue decreased 6.9% in the second quarter to $156.3 million, mainly due to a 14.7% decline in TEF revenue, as this client implemented a cost-cutting program in the first quarter, which requires reduced CX volumes. Multisector revenues decreased 3.8%, mostly related to volume reductions. Multisector sales accounted for 74.7% of revenue in the quarter, down 237 bps compared to last year's comparable quarter.
EBITDA in Brazil decreased 38.6% to $15.0 million, with the corresponding margin declining 500 bps to 9.6%, mainly due to tax credits that benefited 2Q21 profitability and to union agreements signed in 1Q22, partially offset by inflation pass-through negotiation and improved cost efficiencies.
Americas Region
Second quarter revenue declined 4.1% to $149.7 million in the Americas region. Multisector sales decreased 5.0% to 67.9% of revenue, due to a temporary Covid-19 contract, lower volumes related to the higher absentee rates, and the loss of several client programs, partially offset by volumes stemming from new client wins. Most reductions in client volumes were in the US and Mexico, with the latter being impacted by changes in Mexico's outsourcing regulations, while South American countries had slight increases in volumes.
Americas EBITDA decreased 50.9% to $7.8 million, due to a 480 bps contraction in the corresponding margin. The margin decline was due to the aforementioned volume reductions and to cost increases stemming mostly from hyper-inflation in certain countries.
EMEA Region
Second quarter EMEA revenue increased 5.6% to $59.4 million, with Multisector sales increasing 6.8% and TEF sales rising 4.3%. Sales in the latter category still benefited from TEF shifting volumes to Atento, as this client recently consolidated the number of CX providers it utilizes. Multisector sales rose on new sales, mainly driven by the insurance sector.
EBITDA decreased 46.2% in EMEA on a 520 bps margin contraction stemming from offshore to onshore business coverage mix. For the quarter, EMEA EBITDA accounted for 11.2% of consolidated EBITDA.
Cash Flow
Although EBITDA decreased during the second quarter, improved working capital management as well as lower Capex and tax payments resulted in $7.7 million of operating cash flow and $4.5 million of free cash flow. The free cash flow was partially offset by $3.2 million in net financial expenses., which were primarily due to the impact of the Brazilian Reais' appreciation and a higher CDI rate on the Company's currency hedge.
Indebtedness & Capital Structure
At June 30, 2022, Gross debt totaled $736.0 million, or $596.7 million when excluding lease obligations under IFRS 16. With cash and cash equivalents of $102.9 million, net debt was $633.2 million at the end of the quarter. Approximately $89.2 million in revolving credit facilities were available at quarter-end, of which $74.6 million was drawn from existing and new credit facilities.
At the end of the second quarter, LTM net debt-to-EBITDA was 5.3x, or 3.8x when excluding the one-time EBITDA impact of the cyberattack in Q4 2021. The Company finished the quarter with a comfortable maturity profile going out to 2026.
Fiscal 2022 Guidance
Conference Call
Atento will host a conference call and webcast on Thursday, August 04, 2022, at 8:30 am ET to discuss the Company's fiscal second quarter 2022 operating and financial results. The conference call can be accessed by dialing: USA: +1 (866) 807-9684; UK: (+44) 20 3514 3188; Brazil: (+55) 11 4933-0682; Spain: (+34) 80 030-0687; or International: (+1) 412 317 5415. No passcode is required. Individuals who dial in will be asked to identify themselves and their affiliations. A live webcast of the conference call will be available on Atento's Investor Relations website at investors.atento.com (click here). A web-based archive of the conference call will also be available at the website.
About Atento
Atento one of the largest CRM / BPO providers worldwide and sector leader in Latin America and global provider for client relationship management and business process outsourcing services. Since 1999, the company has developed its business model in 13 countries with a workforce of 131,000 employees. Atento has over 400 clients for which it provides a wide range of CRM/BPO services through multiple channels. Its clients are leading multinational companies in the technology, digital, telecommunications, finance, health, consumer and public administration sectors, amongst others. Atento trades under ATTO on the New York Stock Exchange. In 2019, Atento was recognized by Great Place to Work® as one of the 25 World's Best Multinational Workplaces and as one of the Best Places to Work in Latin America. For more information www.atento.com
Media Relations
Investor and analyst inquiries
Hernan van Waveren
+1 979-633-9539
hernan.vanwaveren@atento.com
Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements can be identified by the use of words such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "intends," "continue" or similar terminology. These statements reflect only Atento's current expectations and are not guarantees of future performance or results. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. In particular, the COVID-19 pandemic, and governments' extraordinary measures to limit the spread of the virus, are disrupting the global economy and Atento's industry, and consequently adversely affecting the Company's business, results of operation and cash flows and, as conditions are recent, uncertain and changing rapidly, it is difficult to predict the full extent of the impact that the pandemic will have. Risks and uncertainties include, but are not limited to, competition in Atento's highly competitive industries; increases in the cost of voice and data services or significant interruptions in these services; Atento's ability to keep pace with its clients' needs for rapid technological change and systems availability; the continued deployment and adoption of emerging technologies; the loss, financial difficulties or bankruptcy of any key clients; the effects of global economic trends on the businesses of Atento's clients; the non-exclusive nature of Atento's client contracts and the absence of revenue commitments; security and privacy breaches of the systems Atento uses to protect personal data; the cost of pending and future litigation; the cost of defending Atento against intellectual property infringement claims; extensive regulation affecting many of Atento's businesses; Atento's ability to protect its proprietary information or technology; service interruptions to Atento's data and operation centers; Atento's ability to retain key personnel and attract a sufficient number of qualified employees; increases in labor costs and turnover rates; the political, economic and other conditions in the countries where Atento operates; changes in foreign exchange rates; Atento's ability to complete future acquisitions and integrate or achieve the objectives of its recent and future acquisitions; future impairments of our substantial goodwill, intangible assets, or other long-lived assets; and Atento's ability to recover consumer receivables on behalf of its clients. In addition, Atento is subject to risks related to its level of indebtedness. Such risks include Atento's ability to generate sufficient cash to service its indebtedness and fund its other liquidity needs; Atento's ability to comply with covenants contained in its debt instruments; the ability to obtain additional financing; the incurrence of significant additional indebtedness by Atento and its subsidiaries; and the ability of Atento's lenders to fulfill their lending commitments. Atento is also subject to other risk factors described in documents filed by the comp any with the United States Securities and Exchange Commission.
These forward-looking statements speak only as of the date on which the statements were made. Atento undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Atento S.A. | https://www.wibw.com/prnewswire/2022/08/03/atento-reports-fiscal-2022-second-quarter-first-half-results/ | 2022-08-03T23:32:02Z |
MUMBAI, India, Sept. 7, 2022 /PRNewswire/ -- Cipla Limited (BSE: 500087) (NSE: CIPLA EQ) ("Cipla") announced that it has received final approval for its Abbreviated New Drug Application (ANDA) for Lenalidomide Capsule 5 mg, 10 mg, 15 mg and 25 mg from the United States Food and Drug Administration (US FDA).
Cipla's Lenalidomide Capsules are the AB-rated therapeutic equivalent generic version of Bristol Myers Squibb's (Celgene) Revlimid® (Lenalidomide) Capsules.
Lenalidomide is an immunomodulatory prescription drug which is indicated for several hematological malignancies in adults such as; Multiple Myeloma, Myelodysplastic syndromes, Mantle cell lymphoma, Follicular lymphoma, and Marginal Zone lymphoma. Depending on the type of cancer, it can be used as monotherapy or combination as a part of first line regimen, maintenance regimen or relapsed settings.
Lenalidomide capsules are not to be used by pregnant women. It is not known if lenalidomide is safe and effective for children. Lenalidomide Capsules should not be used to treat people with chronic lymphocytic leukemia (CLL) outside of a controlled clinical trial.
According to IQVIA (IMS Health), Revlimid® (Lenalidomide) Capsules had US sales of approximately $ 2.58 billion for the 12-month period ending June 2022.
The product will be available for shipping soon.
About Cipla
Established in 1935, Cipla is a global pharmaceutical company focused on agile and sustainable growth, complex generics, and deepening portfolio in our home markets of India, South Africa, North America, and key regulated and emerging markets. Our strengths in the respiratory, anti-retroviral, urology, cardiology, anti-infective and CNS segments are well-known. Our 47 manufacturing sites around the world produce 50+ dosage forms and 1,500+ products using cutting-edge technology platforms to cater to our 80+ markets. Cipla is ranked 3rd largest in pharma in India (IQVIA MAT June'22), 3rd largest in the pharma private market in South Africa (IQVIA MAT June'22), and is among the most dispensed generic players in the U.S. For over eight decades, making a difference to patients has inspired every aspect of Cipla's work. Our paradigm-changing offer of a triple anti-retroviral therapy in HIV/AIDS at less than a dollar a day in Africa in 2001 is widely acknowledged as having contributed to bringing inclusiveness, accessibility, and affordability to the centre of the HIV movement. A responsible corporate citizen, Cipla's humanitarian approach to healthcare in pursuit of its purpose of 'Caring for Life' and deep-rooted community links wherever it is present make it a partner of choice to global health bodies, peers and all stakeholders. For more, please visit www.cipla.com, or click on Twitter, Facebook, LinkedIn.
About REVLIMID®
In the U.S., REVLIMID® (lenalidomide) in combination with dexamethasone is indicated for the treatment of patients with multiple myeloma. REVLIMID® as a single agent is also indicated as a maintenance therapy in patients with multiple myeloma following autologous hematopoietic stem cell transplant. REVLIMID® is indicated for patients with transfusion-dependent anemia due to low- or intermediate-1-risk myelodysplastic syndromes (MDS) associated with a deletion 5q cytogenetic abnormality with or without additional cytogenetic abnormalities. REVLIMID® is approved in the U.S. for the treatment of patients with mantle cell lymphoma (MCL) whose disease has relapsed or progressed after two prior therapies, one of which included bortezomib. Limitations of Use: REVLIMID® is not indicated and is not recommended for the treatment of chronic lymphocytic leukemia (CLL) outside of controlled clinical trials.
About Bristol Myers Squibb
Bristol Myers Squibb is a global biopharmaceutical company whose mission is to discover, develop and deliver innovative medicines that help patients prevail over serious diseases. For more information about Bristol Myers Squibb, visit us at BMS.com or follow us on LinkedIn, Twitter, YouTube, Facebook and Instagram.
Celgene and Juno Therapeutics are wholly owned subsidiaries of Bristol Myers Squibb company. In certain countries outside the U.S., due to local laws, Celgene and Juno Therapeutics are referred to as, Celgene, a Bristol Myers Squibb company and Juno Therapeutics, a Bristol Myers Squibb company.
About Celgene
Celgene Corporation, headquartered in Summit, New Jersey, is an integrated global pharmaceutical company engaged primarily in the discovery, development and commercialization of innovative therapies for the treatment of cancer and inflammatory diseases through gene and protein regulation. For more information, please visit the Company's website at www.celgene.com. Follow Celgene on Social Media: @Celgene, Pinterest, LinkedIn, Facebook and YouTube.
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SOURCE Cipla | https://www.wibw.com/prnewswire/2022/09/07/cipla-receives-usfda-approval-generic-version-revlimid-lenalidomide-capsules/ | 2022-09-07T12:01:05Z |
PITTSBURGH, Aug. 12, 2022 /PRNewswire/ -- "I wanted to create an accessory to contain a toilet auger to prevent it from contaminating carpets, furnishings and clothing," said an inventor, from Mc Kinney, Texas, "so I invented the AUGER CASE. My design offers an improved alternative to using a bag and it can be employed with most toilet augers."
The invention offers a method of containing sewage adhering to the surface of a toilet auger between uses. In doing so, it prevents dripping, contamination and/or damage to rugs and other furnishings. It also increases convenience and efficiency. The invention features a practical design that is easy to use so it is ideal for households, businesses, plumbing contractors, etc. Additionally, a prototype is available.
The original design was submitted to the Dallas sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-DLL-2841, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/08/12/inventhelp-inventor-develops-case-toilet-augers-dll-2841/ | 2022-08-12T18:55:38Z |
Ukrainian, Polish, Lithuanian, Slovenian, Spanish, Irish & American Cultures Will Unite for Ukraine on August 27-28
CHICAGO, Aug. 25, 2022 /PRNewswire/ -- It has been and continues to be a very difficult time in Ukraine due to the unprovoked and devastatingly violent war that Russia has unleashed on it. While Chicago's Ukrainian Village Fest is an annual celebration of Ukraine's vibrant and energetic culture, this year, we are dedicating our fest to raising funds for the brave Ukrainian men and women who fight for Ukraine's freedom every day. All proceeds from the fest will be donated to Help Heroes of Ukraine 501(c)(3) charitable organization to support them in their efforts to keep Ukraine a free and democratic nation.
Since Russia invaded Ukraine on February 24, 2022, the world has united with Ukraine against Putin's totalitarian regime. With thousands of impassioned marches, rallies, and protests across the world, coupled with significant military assistance from its allies, Ukraine has felt greatly supported in its fight for freedom. As such, this year we have given our festival a theme that acts as a rally cry for all attendees, performers, volunteers and sponsors: Uniting for Ukraine. In addition to Ukraine's rich culture being on full display as always, this year, the cultures of Ukraine's supportive friends, neighbors and allies will also be celebrated on the main stage throughout the weekend, including Polish, Lithuanian, Slovenian, Spanish, Irish, and, of course, American! World-renown performance groups such as Ensemble Español, Trinity Irish Dance Company, Suktinis Lithuanian Folk Dance Group, and Hromovytsia Ukrainian Dance Ensemble, along with many other musicians and vocalists, will surely leave festival attendees begging for more!
The 2022 Ukrainian Village Fest will be held on the 2200 block of W. Superior St. in the heart of Chicago's Ukrainian Village from 4-10pm on Saturday, August 27th, and 1-9pm on Sunday, August 28th. A suggested donation of $10 will serve as the daily entrance fee. Join us to enjoy delicious ethnic food, imported beer, vibrant arts & crafts, and high-energy performances throughout the weekend!
Learn more about the 2022 Ukrainian Village Fest lineup of performances on Facebook @ukrainianvillagefest and on Instagram @ukrainianvillagefestival. To donate to the fest's fundraising efforts for Help Heroes of Ukraine, please click here.
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SOURCE Ukrainian Village Fest | https://www.kxii.com/prnewswire/2022/08/25/2022-ukrainian-village-fests-theme-acts-rally-cry-all-attendees-performers-volunteers-amp-sponsors-uniting-ukraine/ | 2022-08-25T22:03:59Z |
ENGLEWOOD, Colo., Aug. 12, 2022 /PRNewswire/ -- Toastmasters International announced an exciting and diverse lineup of education sessions for its 2022 International Convention, to be held Aug. 17-20 as a hybrid event. With 18 inspiring speaking sessions, the 2022 International Convention will feature presenters from around the world.
"We are excited to offer an illustrious and diverse group of speakers at this year's International Convention," says Matt Kinsey, Toastmasters' International President-Elect. "Whether attending in-person in Nashville, or virtually, this year's convention attendees will be treated to a wide variety of world-class presenters who will entertain and educate the audience throughout the convention."
The main-stage presenters include Jim Cathcart, who will deliver the keynote presentation during the Opening Ceremonies on Wednesday, Aug. 17. Cathcart is a life-long professional speaker, author of 23 books, university professor, entrepreneur, and a leader in the field of success motivation and personal development. Beginning as an entry-level government clerk dreaming of a more meaningful life, he ultimately became friends and colleagues with the greats of his profession: Og Mandino, Zig Ziglar, Earl Nightingale, Jeanne Robertson, Patricia Fripp, Les Brown, Nido Qubein, and many more.
Cathcart is past president of the National Speakers Association and the 2001 recipient of Toastmasters' Golden Gavel Award. He has spoken in 23 major cities in China, all 50 states in the United States, Canada, South America, Asia, Europe, and Australia. He was inducted into the Speaker Hall of Fame and the Sales & Marketing Hall of Fame.
Shirley Davis, PhD is the recipient of Toastmasters' 2022 Golden Gavel Award. Davis is an award-winning global workforce expert with over 30 years of human resources and business experience, as the recipient of the organization's 2022 Golden Gavel Award. Davis worked in a variety of senior executive roles for several Fortune 500 and Fortune 100 companies. As an international speaker, she has worked in more than 30 countries on five continents and delivers more than 100 speeches a year.
Davis is President and CEO of SDS Global Enterprises, a full-service firm that works with organizations around the world providing strategies and solutions for fostering high performing and inclusive workplace cultures.
Other education sessions:
- Engaging the Post-COVID Audience Through Real Human Connections: In this session, Damon Moon shares his experience engaging distracted college students through all stages of hybrid interaction. Learn how he was inspired by his Toastmasters experience to motivate his students to speak up during class and be engaged for both online and in-person classes.
- The Phenomenon of Impostor Syndrome and Mental Health: Are you struggling with impostor syndrome? Do you ever doubt your success? Have negative self-talk? Come up with excuses for your success? Feel your failures define you? You are not alone. This is classic impostor syndrome at work, explains Kevin Cokley, who invites you to join him and learn how to conquer it. You are deserving of your success, he emphasizes.
- Tongue Fu!: It's ironic, isn't it? We're taught math, science, and history, but we're not taught how to deal with people who are being unfair or unkind. The good news is, you can learn how to keep your cool—even when other people aren't—and respond diplomatically in sensitive situations, relays Sam Horn in this session.
- The Three C's for Managing Unconscious Bias: Presented/streamed live from the stage at the Gaylord Opryland Resort & Convention Center, Dima Ghawi delves into the intricacies of unconscious bias, uncovering the root of predispositions and sharing methods for managing unseen prejudices. The dialogue focuses on three essential messages related to Curiosity, Courageousness, and Commitment.
- Speechwriters Panel: Join Toastmasters International's esteemed panel of World Champions of Public Speaking as they discuss their speechwriting process and the importance of their craft. Led by the founder of the European Speechwriter Network, Brian Jenner, this session will help you understand the important elements of what makes a speech stand out and how to tell your story more effectively.
- Opportunities in the Great Resignation: In this session, Toastmasters Past International Director Susan Zhou will discuss how The Great Resignation relates to leadership development and organization strategy, as well as how to develop individuals and organizations to reach their potential during these changing times.
- Mic Drop: How Storytelling Can Take Your Business and Career to New Heights in a Hybrid World: Who doesn't love a good story? This session will add awareness to the importance of storytelling in all aspects of life, but especially business and career. Learn from dynamic motivational speaker Kazim Abbot, who engages his audiences, including hybrid ones, with vivid, powerful, and thought-provoking stories.
- Embrace Your Culture, Fast–Track Your Career: In this session, learn and get inspired from the story and real-life example of an Indian girl from a middle-class family who became a "circuit breaker," defining the new normal for her community by embracing her culture and fast-tracking her career.
- Your Story: Made to Order: Learn what it takes to build structure and skills when telling a story. In this session, Caren S. Neile, PhD, will explain the philosophy of storytelling and give you proven tips on how to build and share your story.
- The Internal Combustion Engine of Leadership: Approximately 35,000 times throughout the day, we're making decisions. In this session, Mo Barrett will explain how to dissect the important ones and learn to make them more effective, intentional, and powerful. The idea is to slow down now so we can speed up later.
- Situational Leadership: Meeting Your Teammates Where They Are: Leading diverse teams and personalities in today's changing work environments is both a challenge and a constant. Situational Leadership—identifying the readiness of your teammates and adjusting your leadership style accordingly—can make a difference. In this session, you will learn the six leadership styles that create the greatest impact, along with how and when to use them.
- The Impact of Inclusive Leadership: Inclusive leadership encourages diversity and is proven to make teams more successful. A leader practicing inclusivity reaches and responds to a larger team and ensures that teams are heard, respected, valued, and retained. In this session, you will learn the importance of being an inclusive leader and how it can positively impact the team experience.
- Up Your Storytelling Game: Have you ever wanted to be more confident when communicating in the moment? You can—with short-form storytelling, embedded in improvisational practices. Join Kymberlee Weil, short-form storyteller, as she walks you through the key components of this skill and provides you with applicable tools.
- Aim Higher, Do More, and Become More—Through Mentorship: In this session, Dr. Stanley Mwenda Aruyaru will explain the origin of mentorship, highlight mentorship as it relates to surgery, and the aspirations of mentees looking up to mentors—this is the "Aim Higher" portion of his talk. He will then relay his personal mentorship experience, the ABCD's of mentorship, and the benefits of mentorship in a professional career.
- Is Leadership For You?: This panel discussion provides personal accounts of lessons learned through leadership. The moderator and panelists, who served as leaders within and outside of Toastmasters, share what being a leader has taught them. Be inspired by their stories as they reflect on successes, shortcomings, and the pivotal moments that provided personal growth.
- Including Disabilities in the Inclusion and Diversity Conversation: Join Lesa Bradshaw as she gives insight and ideas from a personal and professional viewpoint on how to include disabilities in the diversity, equity, and inclusion conversation. This session approaches diversity training from a unique perspective, using disability as a form of diversity to showcase how common stereotypes, unconscious bias, and beliefs around all different forms of diversity impact our behaviors and judgments in life and in social settings
To learn more about Toastmasters' 2022 International Convention, Aug. 17-20, and obtain a complete schedule of events, including the Opening Ceremonies, Education Sessions, and the World Championship of Public Speaking®, visit www.toastmasters.org/Convention. The International Convention will be a hybrid event and the public is invited to attend in person or online.
About Toastmasters International
Toastmasters International is a worldwide nonprofit educational organization that empowers individuals to become more effective communicators and leaders. Headquartered in Englewood, Colo., the organization's membership exceeds 300,000 in more than 15,800 clubs in 149 countries. Since 1924, Toastmasters International has helped people from diverse backgrounds become more confident speakers, communicators, and leaders. For information about local Toastmasters clubs, please visit www.toastmasters.org. Follow @Toastmasters on Twitter.
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ANOKA, Minn., Aug. 10, 2022 /PRNewswire/ -- Vista Outdoor Inc. (NYSE: VSTO), the parent company of 40 renowned brands that design, manufacture and market sporting and outdoor products to consumers around the globe, is pleased to announce the addition of two independent members, Gerard Gibbons and Bruce Grooms, to its Board of Directors. Mr. Gibbons and Mr. Grooms were both elected to the Board of Directors by Vista Outdoor's shareholders at the Company's Annual Meeting of Stockholders on July 26, 2022.
Mr. Gibbons' extensive experience in global supply chain, logistics and marketing will bring tremendous value to Vista Outdoor. Mr. Gibbons previously spent more than 30 years with United Parcel Services (UPS) in a variety of commercial roles. In 2008, he accepted the assignment as President of U.S. Sales, responsible for UPS's most profitable small and medium business customer segment. He was later assigned the role of President of U.S. and SMB Marketing, a position he held until his retirement from UPS in 2021. He holds an MBA from the W.P. Carey School of Business at Arizona State University and a BBA with a concentration in Marketing from Howard University. Mr. Gibbons currently serves on the boards of two private equity portfolio companies and the board of Big Brothers/Big Sisters of Metro Atlanta. Mr. Gibbons will serve as a member of the Audit Committee and the Nominating and Governance Committee of the Board.
Mr. Grooms brings extensive senior-level executive experience in both the private sector and the U.S. Navy. A retired Navy Vice Admiral with more than 30 years of successful executive leadership, Mr. Grooms is currently the Vice President and General Manager of the Marine Services Division for Delphinus Engineering, a privately held company that specializes in ship repair and maintenance. Prior to Delphinus Engineering, he was a Vice President at Raytheon Technologies Corp., heading up all business development activities in support of the Navy and Marine Corps Programs. Until 2015, Mr. Grooms served as a career submarine officer and served as the Commandant of the U.S. Naval Academy, nearly 10 years of which Mr. Grooms spent serving in various roles of increasing responsibility within NATO command. Additionally, Mr. Grooms has served on nonprofit boards and is currently serving as an independent director on the board of Emcore Corp., a publicly traded technology company in the aerospace and defense industry. Mr. Grooms has been selected as a director due to his extensive leadership, corporate governance, and industry experience. Mr. Grooms will serve as a member of Management Development and Compensation and Audit Committees of the Board.
"The directors and I are pleased to welcome these two highly talented leaders as new members of the Vista Outdoor Board," said Michael Callahan, Vista Outdoor's Chairman of the Board. "These individuals will add tremendous value to the organization with their expertise across the public and private sector. We expect great things from our newest directors and look forward to their contributions on behalf of Vista Outdoor and our stakeholders."
Chris Metz, Vista Outdoor CEO, added, "We welcome Gerard Gibbons and Bruce Grooms to the Vista Outdoor Board of Directors, and we are confident they will make an immediate and positive impact on the company's performance. Gerard's background and expertise in supply chain, notably his dynamic 30-plus-year career at UPS, make him a valuable asset as Vista Outdoor navigates an increasingly complex global marketplace. And Bruce's vast experience in the public and private sectors, including several critical leadership roles for the U.S. Navy and large corporations, will serve to strengthen our corporate leadership and governance efforts."
With these appointments, Vista Outdoor's Board of Directors consists of 11 members, including 18 percent female and 18 percent diversity beyond gender.
Vista Outdoor (NYSE: VSTO) is the parent company of more than three dozen renowned brands that design, manufacture and market sporting and outdoor products. We serve a broad and diverse range of consumers around the globe, including outdoor enthusiasts, golfers, cyclists, backyard grillers, campers, hunters, recreational shooters, athletes, as well as law enforcement and military professionals. Our reporting segments, Outdoor Products and Sporting Products, provide these consumers with a wide range of performance-driven, high-quality and innovative outdoor and sporting products. Our operating model leverages shared resources across brands to achieve levels of excellence and performance that would be out of reach for any one brand on its own. Brands include Remington Ammunition, Bushnell, CamelBak, Bushnell Golf, Foresight Sports, Fiber Energy Products, Bell Helmets, Camp Chef, Giro, QuietKat, Stone Glacier, Federal Ammunition and more. Vista Outdoor products are sold at leading retailers and distributors across North America and worldwide. For news and information, visit our website at www.vistaoutdoor.com.
Some of the statements made and information contained in this report, excluding historical information, are "forward-looking statements," including those that discuss, among other things: our plans, objectives, expectations, intentions, strategies, goals, outlook or other non-historical matters; projections with respect to future revenues, income, earnings per share or other financial measures for Vista Outdoor; and the assumptions that underlie these matters. The words "believe," "expect," "anticipate," "intend," "aim," "should" and similar expressions are intended to identify such forward-looking statements. To the extent that any such information is forward-looking, it is intended to fit within the safe harbor for forward-looking information provided by the Private Securities Litigation Reform Act of 1995. Numerous risks, uncertainties and other factors could cause our actual results to differ materially from the expectations described in such forward-looking statements, including the following: supplier capacity constraints, production or shipping disruptions or quality or price issues affecting our operating costs; the supply, availability and costs of raw materials and components; increases in commodity, energy, and production costs; seasonality and weather conditions; our ability to complete acquisitions, realize expected benefits from acquisitions and integrate acquired businesses; reductions in or unexpected changes in or our inability to accurately forecast demand for ammunition, accessories, or other outdoor sports and recreation products; disruption in the service or significant increase in the cost of our primary delivery and shipping services for our products and components or a significant disruption at shipping ports; risks associated with diversification into new international and commercial markets, including regulatory compliance; our ability to take advantage of growth opportunities in international and commercial markets; our ability to obtain and maintain licenses to third-party technology; our ability to attract and retain key personnel; disruptions caused by catastrophic events; risks associated with our sales to significant retail customers, including unexpected cancellations, delays, and other changes to purchase orders; our competitive environment; our ability to adapt our products to changes in technology, the marketplace and customer preferences, including our ability to respond to shifting preferences of the end consumer from brick and mortar retail to online retail; our ability to maintain and enhance brand recognition and reputation; others' use of social media to disseminate negative commentary about us, our products, and boycotts; the outcome of contingencies, including with respect to litigation and other proceedings relating to intellectual property, product liability, warranty liability, personal injury, and environmental remediation; our ability to comply with extensive federal, state and international laws, rules and regulations; changes in laws, rules and regulations relating to our business, such as federal and state ammunition regulations; risks associated with cybersecurity and other industrial and physical security threats; interest rate risk; changes in the current tariff structures; changes in tax rules or pronouncements; capital market volatility and the availability of financing; foreign currency exchange rates and fluctuations in those rates; general economic and business conditions in the United States and our markets outside the United States, including the war in Ukraine and the imposition of sanctions on Russia, conditions affecting employment levels, consumer confidence and spending, conditions in the retail environment, and other economic conditions affecting demand for our products and the financial health of our customers; and risks related to our Planned Separation. You are cautioned not to place undue reliance on any forward-looking statements we make. A more detailed description of risk factors that may affect our operating results can be found in Part 1, Item 1A, Risk Factors, of our Annual Report on Form 10-K for fiscal year 2022 and in the filings we make with Securities and Exchange Commission (the "SEC") from time to time. We undertake no obligation to update any forward-looking statements, except as otherwise required by law.
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SOURCE Vista Outdoor Inc. | https://www.mysuncoast.com/prnewswire/2022/08/10/vista-outdoor-expands-its-board-directors-with-two-new-members/ | 2022-08-10T12:34:19Z |
Clemson looks to keep winning with new staff
By PETE IACOBELLI
AP Sports Writer
CLEMSON, S.C. (AP) — Clemson coach Dabo Swinney believes the Tigers will continue their winning ways even with half his staff new to the team or in different roles. The biggest changes from last season occurred near the top where quarterbacks coach Brandon Streeter added offensive coordinator to his duties. Defensive assistant Wes Goodwin and safeties coach Mickey Conn were named co-defensive coordinators. Clemson added three other new assistants in offensive line coach Thomas Austin, tight ends coach Kyle Richardson and defensive tackles coach Nick Eason. | https://localnews8.com/sports/ap-national-sports/2022/04/09/clemson-looks-to-keep-winning-with-new-staff/ | 2022-04-09T22:40:16Z |
NORTHBOROUGH, Mass., July 11, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (the "Company") (NYSE: ASPN) today announced that Don Young, President & Chief Executive Officer, and Ricardo Rodriguez, Chief Financial Officer & Treasurer, expect to discuss the Company's financial results for the second quarter ended June 30, 2022, during a conference call scheduled for Thursday, July 28, 2022, at 8:30 a.m. EDT. The Company expects to release financial results for the second quarter on Wednesday, July 27, 2022, after the market close.
Shareholders and other interested parties may participate in the conference call by dialing 844-200-6205 (domestic) or +1 929-526-1599 (international) and referencing conference ID 750795 a few minutes before 8:30 a.m. EDT on Thursday, July 28, 2022. In addition, the conference call and any accompanying slide presentation will be available live as a listen-only webcast hosted on the Investors section of Aspen's website, at www.aerogel.com.
A replay of the webcast will be posted on the Investors section of the Aspen Aerogels website at www.aerogel.com, where it will remain available for approximately one year after the conference call.
About Aspen Aerogels, Inc.
Aspen is a technology leader in sustainability and electrification solutions. The Company's aerogel technology enables its customers and partners to achieve their own objectives around the global megatrends of resource efficiency, e-mobility and clean energy. Aspen's PyroThin® products enable solutions to thermal runaway challenges within the electric vehicle ("EV") market. Aspen Battery Materials, the Company's carbon aerogel initiative, seeks to increase the performance of lithium-ion battery cells to enable EV manufacturers to extend the driving range and reduce the cost of EVs. Aspen's Spaceloft® products provide building owners with industry-leading energy efficiency and fire safety. The Company's Cryogel® and Pyrogel® products are valued by the world's largest energy infrastructure companies. Aspen's strategy is to partner with world-class industry leaders to leverage its Aerogel Technology Platform™ into additional high-value markets. Headquartered in Northborough, Mass., Aspen manufactures its products at its East Providence, R.I. facilities. For more information, please visit www.aerogel.com.
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SOURCE Aspen Aerogels, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/11/aspen-aerogels-inc-schedules-second-quarter-2022-financial-results-release-conference-call/ | 2022-07-11T22:20:11Z |
What’s better, a Samsung phone or an Apple iPhone?
Samsung and Apple have been engaged in a smartphone war for years, and while there’s no clear-cut winner, most people tend to identify with one or the other. Although both brands offer high-quality phones, there are many factors to consider when upgrading to a new model.
Whether you ultimately buy a Samsung phone or an Apple iPhone, you’ll get an excellent phone. However, it would help if you first considered what you want out of your phone, and there are also some critical differences in specs, operation, and price.
Samsung phone
Samsung’s best smartphones emerged after Apple released several iPhones, and although they were rugged at first, they quickly caught up and are now the iPhone’s main competition. Samsung is known for pushing the envelope and consistently looking for ways to innovate in its smartphones, with new features and upgraded functionality.
The best Samsung smartphones cost $800-$1,000 and usually boast several premium features. However, if you’re looking for something more stripped-down with fewer features, you can expect to spend $600-$700.
Samsung phone pros
Samsung phones use the Android operating system. An open-source platform, it lets users download and run third-party apps from various developers, so it’s much more diverse. The interface is also more customizable with widgets and themes, and a built-in file manager and downloader let you download all kinds of files.
While most Samsung phones come with plenty of built-in storage, they’re also expandable by inserting an SD card, which is great since you won’t have to delete your files once you start running out of space. Samsung phones are generally more affordable than iPhones, and there are more models, so you can home in closely on a phone that suits your needs.
Samsung phone cons
The customizability Android phones offer is fantastic, but it presents a risk to your phone. Third-party apps aren’t subject to comprehensive security checks before you can access them, and they can significantly affect your phone’s performance. Also, some users find the Android interface clunky or difficult to navigate.
Samsung phones have excellent cameras but fall behind when the top models are compared to the best iPhones. Also, although most Samsung phones charge faster than the average iPhone, their battery life is poorer, usually lasting less than a full day.
Best Samsung phones
This is the biggest and fastest Galaxy phone, offering 8K video recording, 108-megapixel photo resolution and an adaptive color-contrast feature that automatically tweaks screen color and brightness levels based on the environment.
Sold by Amazon
This phone is pricey, but it has an innovative foldable design that lets it double as a slim tablet. It has a brilliant 120-hertz AMOLED display and offers ultra-fast processing power for running gaming and productivity apps. It supports 25-watt super-fast charging and has a high-end three-camera setup.
Sold by Amazon
This phone is your best bet if you don’t want to break the bank for a high-quality smartphone. It retains the same aesthetic as past Galaxy phones, albeit with an updated Gorilla glass build. It can record in 8K and takes high-quality 50-megapixel resolution photos.
Sold by Amazon
Apple iPhone
The iPhone has received widespread acclaim practically since the first model dropped, way back in 2007. Although there hasn’t been much innovation in physical design, it’s a popular smartphone with excellent features that deliver elite performance. You can still find older generation iPhones, but the latest iPhone 13 models range from $700-$1,100.
Apple iPhone pros
The iPhone runs using the iOS operating system, which many users love for its appearance, functionality, and easy-to-use interface. The iPhone doesn’t offer as much customization as a Samsung phone, but compatibility and seamless integration with other devices running iOS create a streamlined ecosystem of devices. For example, if you own a MacBook laptop, you can use it to type and send text messages from your iPhone.
The iPhone has a more advanced camera system than the leading Samsung phone and delivers excellent photo resolution. Also, since apps are thoroughly tested before they hit the App Store, they’re not buggy and wouldn’t slow down your phone.
Apple iPhone cons
If you like playing around with your phone and exploring new features, you might find an iPhone too restrictive. They’re also considerably more expensive than most Samsung Galaxy phones, and no models are compatible with a stylus pen or offer expandable memory.
Best Apple iPhones
This is the largest iPhone, boasting a 6.7-inch Super Retina display. Thanks to an A15 Bionic chip, it’s super fast and responsive and has three high-quality cameras that support 4K and HDR recording. The battery life is impeccable, lasting up to 30 hours, and the exterior consists of a durable ceramic shield.
Sold by Amazon
The iPhone 12 Pro Max doesn’t offer the same battery life as the iPhone 13 Pro Max and isn’t as fast, but it’s significantly cheaper and delivers on many fronts with several premium features. It has a high-end camera setup and a 6.7-inch Super Retina display, supports MagSafe wireless charging and has an IP68 protection rating: it withstands dust, dirt and sand, and resists submersion up to 4.9 feet for up to 30 minutes.
Sold by Amazon
The iPhone 13 Mini is perfect for those who want a lightning-fast phone with a small build. It has a 5.4-inch Super Retina display, a dual-camera system and an A15 Bionic chip. Also, it has an IP68 protection rating and offers up to 17 hours of video playback.
Sold by Amazon
Should you get a Samsung phone or an Apple iPhone?
The iPhone is arguably faster, boasts a more elegant look than most Samsung phones, and takes better-quality photos. Also, if you own other iOS devices, an iPhone would integrate well into your ecosystem. However, a Samsung phone is excellent if you don’t want to overspend on a new phone. You’ll get more customization options, expandable memory, and faster charging.
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/electronics-br/cell-phones-accessories-br/should-i-get-a-samsung-phone-or-an-iphone/ | 2022-07-15T19:03:36Z |
New dispensary expands patient access to medical cannabis; grand opening specials available
TALLAHASSEE, Fla., July 1, 2022 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States, today announced the opening of a new medical dispensary in Coral Springs, Florida. Located at 10400 W. Atlantic Blvd., the doors will open at 9am on Friday, July 1, 2022. The dispensary will be open seven days a week, hours are Monday through Saturday from 9am – 9pm and on Sunday from 10am – 8pm.
Grand opening festivities throughout the day at the new dispensary will include numerous partner giveaways, music, food trucks, deals and specials, and all registered patients will receive a 25% discount. Trulieve also offers statewide home delivery, convenient online ordering and in-store pickup. As always, all first-time guests are eligible for a 50% new customer discount at any Florida-based location.
"Trulieve is proud to continue being at the forefront of expanding access to medical marijuana for Florida's patient population," said Trulieve's Chief Executive Officer Kim Rivers, "Trulieve is committed to investing in the Coral Springs community, as well as offering patients access to high quality products and providing exceptional customer experiences."
As the state's leading medical cannabis provider, Trulieve's retail employees are trained to provide personalized patient care and support individuals at every stage of their cannabis journeys. Trulieve dispensaries throughout Florida offer on-site consultations to help patients obtain appropriate medical products and dosages that ensure optimal cannabis experiences.
Trulieve patients across Florida can choose from the largest selection of THC and CBD products available in a variety of consumption methods, including smokable flower, concentrates, edibles, capsules, syringes, tinctures, topical creams, vaporizers, and more.
Designed to meet every patient's needs, our portfolio of in-house brands includes Alchemy, Co2lors, Cultivar Collection, Modern Flower, Momenta, Muse, Roll One and Sweet Talk. Patients also have access to beloved brands such as Bellamy Brothers, Bhang, Binske, Blue River, Black Tuna, DeLisioso, Love's Oven, Miami Mango, O.pen and Sunshine Cannabis, all available exclusively at Trulieve in Florida.
For more information, or to learn how to become a registered patient, please visit Trulieve.com.
About Trulieve
Trulieve is an industry leading, vertically integrated cannabis company and multi-state operator in the U.S. operating in 11 states, with leading market positions in Arizona, Florida, and Pennsylvania. Trulieve is poised for accelerated growth and expansion, building scale in retail and distribution in new and existing markets through its hub strategy. By providing innovative, high-quality products across its brand portfolio, Trulieve delivers optimal customer experiences and increases access to cannabis, helping patients and customers to live without limits. Trulieve is listed on the CSE under the symbol TRUL and trades on the OTCQX market under the symbol TCNNF. For more information, please visit Trulieve.com.
Facebook: @Trulieve
Instagram: @Trulieve_
Twitter: @Trulieve
Investor Contact
Christine Hersey, Executive Director of Investor Relations
+1 (424) 202-0210
Christine.Hersey@Trulieve.com
Media Contact
Rob Kremer, Executive Director of Corporate Communications
+1 (404) 218-3077
Robert.Kremer@Trulieve.com
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SOURCE Trulieve Cannabis Corp. | https://www.kxii.com/prnewswire/2022/07/01/trulieve-opening-coral-springs-fl-medical-dispensary/ | 2022-07-01T13:06:24Z |
CHICAGO, June 16, 2022 /PRNewswire/ -- The engineering firm Syska Hennessy Group and real estate owner Third Millennium Group have launched a holistic auditing program that measures four aspects of building performance: indoor air quality, building automation systems and telecommunications infrastructure, sustainability, and execution (workflows and use of data).
Syska's auditing team comprises experts in building automation systems, sustainability, and facilities management. The team conducted inaugural audits at two Third Millennium commercial properties in Chicago -- 540 West Madison and 300 South Riverside. Third Millennium, which shared the resulting "scorecards" with tenants, plans to repeat the process with Syska every year.
"Third Millennium understands that in today's competitive leasing environment, tenants care about multiple components of building performance; not just energy efficiency or technology," says Syska associate partner Tom Grimard. "A LEED, WiredScore, or WELL certification on its own is no longer sufficient to sway leasing decisions."
Celeste Villanueva, general manager at Third Millennium, reports that the firm is now applying lessons learned from the original audits. Although both properties earned excellent scores (one A and three A-minuses for 540 West; two As and two A-minuses for 300 South), Third Millennium is taking steps to improve the metrics. For instance, operations staff at both buildings are tracking kilowatt hours and water usage more closely and reviewing recycling initiatives with tenants.
"Now we have a scorecard to show tenants and investors, and a spreadsheet that guides our progress," she says. "Although we aced the test, we want to continue the momentum."
According to Christian Nazon, Syska senior associate, the auditing program represents a new model for engineers. As he notes, "Building operations today is a holistic enterprise. Energy tracking, for example, integrates with IoT applications. It's important to measure not only the quality of systems and infrastructure, but also the quality and depth of integrations."
Syska Hennessy Group is global engineering firm that specializes in MEP, information and communication technology (ICT), vertical transportation, and commissioning. With more than 500 professionals across 18 offices, the company provides a full range of engineering services for projects of every size and budget. Since 1928, Syska has been designing smarter, safer, and more efficient buildings by integrating essential systems that respond and adapt to a changing world.
Third Millennium Properties is a private firm dedicated to investing alongside corporations and private funds in the purchase, management, and growth of real estate portfolios and corporate buy-outs. The firm acquires best-in-class/best-in-submarket properties with unique opportunities for creating added value using the Third Millennium's time-tested asset repositioning strategy.
syska.com
Media Contact:
Michelle Galindez
mgalindez@syska.com
212.556.3390
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SOURCE Syska Hennessy Group | https://www.kxii.com/prnewswire/2022/06/16/syska-hennessy-third-millennium-group-launch-holistic-auditing-program-measure-sustainability-use-smart-technologies/ | 2022-06-16T13:40:57Z |
DALLAS (KDAF) — If you’re planning to be on the road in the Plano area from 9 p.m. to 6 a.m. Thursday, the City of Plano has a traffic report you should be aware of.
Officials said in a tweet, “Plano Pkwy between Preston Rd and Park Blvd will be closed on Thursday, June 16, from 9 PM to 6 AM and on Sunday, June 19 from 9 PM to 6 AM.”
They say this will allow crews to prepare for future construction plans on Plano Pkwy. | https://cw33.com/news/local/city-of-plano-says-this-road-will-be-closed-overnight-thursday/ | 2022-06-16T19:00:53Z |
MONTGOMERY, Ala. (AP) — Alabama corrections officials apparently botched an inmate’s execution last month, an anti-death penalty group alleges, citing the length of time that passed before the prisoner received the lethal injection and a private autopsy indicating his arm may have been cut to find a vein.
Joe Nathan James Jr. was put to death July 28 at an Alabama prison for the 1994 shooting death of his former girlfriend. The execution was carried out more than three hours after the U.S. Supreme Court denied a request for a stay.
“Subjecting a prisoner to three hours of pain and suffering is the definition of cruel and unusual punishment,” Maya Foa, director of Reprieve US Forensic Justice Initiative, a human rights group that opposes the death penalty, said in a statement. “States cannot continue to pretend that the abhorrent practice of lethal injection is in any way humane.”
The Alabama Department of Forensic Science declined a request to release the state’s autopsy of James, citing an ongoing review that happens after every execution. Officials have not responded to requests for comment on the private autopsy, which was first reported by The Atlantic.
At the time of the execution, Alabama Corrections Commissioner John Hamm told reporters that “nothing out of the ordinary” happened. Hamm said he wasn’t aware of the prisoner fighting or resisting officers. The state later acknowledged that the execution was delayed because of difficulties establishing an intravenous line, but did not specify how long it took.
Dr. Joel Zivot, a professor of anesthesiology at Emory University and an expert on lethal injection who witnessed the private autopsy, said it looked like there were numerous attempts to connect a line.
Zivot said he saw “multiple puncture sites on both arms” and two perpendicular incisions, each about 3 to 4 centimeters (1 to 1.5 inches) in length, in the middle of the arm, which he said indicated that officials had attempted to perform a “cutdown,” a procedure in which the skin is opened to allow a visual search for a vein. He said the cutdown is an old-style medical intervention rarely performed in modern medical settings, and that it would be painful without anesthesia. He also said he saw evidence of intramuscular injections not in the vicinity of a vein.
The Alabama Department of Corrections prison system issued a written statement in which it noted that “protocol states that if the veins are such that intravenous access cannot be provided, the team will perform a central line procedure,” which involves placing a catheter in a large vein. “Fortunately, this was not necessary and with adequate time, intravenous access was established,” the statement said.
Alabama does not allow witnesses from news outlets to watch the preparations for a lethal injection. They get their first glimpse of the execution chamber when an inmate is already strapped to the gurney with the IV line connected.
A reporter for The Associated Press who attended the execution observed that James did not respond when the warden asked if he had final words. His eyes remained closed except for briefly fluttering at one point early in the procedure.
Lawyers who spoke with James by telephone said they were disturbed by his reported lack of movements and raised questions about what happened before the lethal injection. Hamm said James was not sedated.
“That wasn’t the Joe that I knew. He always had something to say. He always wanted to be in control,” said James Ransom, the attorney who helped James file his appeal with the U.S. Supreme Court. “The fact that he did not give any sort of reaction … and that he didn’t open his eyes, tells me something was up,” Ransom said.
John Palombi, a federal defender who spoke with James twice on the day of his execution, said James, “was certainly alert” earlier in the day.
The Atlantic quoted a friend of James as saying that the inmate had planned to make a final statement.
Robert Dunham, executive director of the Death Penalty Information Center, a national nonprofit organization that analyzes issues concerning capital punishment, said the delay between the Supreme Court’s go-ahead and the execution, combined with the autopsy, points to a “botched execution, and it is among the worst botches in the modern history of the U.S. death penalty.”
“This execution is Exhibit A as to why execution secrecy laws are intolerable,” Dunham wrote in an email to the AP. “The public is entitled to know what went on here — and what goes on in all Alabama executions — from the instant the execution team begins the process of physically preparing the prisoner for the lethal injection until the moment the prisoner dies.”
___
This story has been edited to correct the spelling of James Ransom’s name. | https://cw33.com/news/u-s-news/ap-us-headlines/ap-alabama-mans-execution-was-botched-advocacy-group-alleges/ | 2022-08-30T20:04:26Z |
– ARTISTRY-1 Data Showed Anti-Tumor Activity of Nemvaleukin, as a Monotherapy and in Combination with Pembrolizumab, in Multiple Tumor Types –
– Company to Host Investor Webcast on June 6 at 8:00 a.m. ET –
DUBLIN, June 1, 2022 /PRNewswire/ -- Alkermes plc (Nasdaq: ALKS) today announced plans to present data from the ARTISTRY-1 clinical trial for nemvaleukin alfa (nemvaleukin), the company's novel, investigational, engineered interleukin-2 (IL-2) variant immunotherapy. The data will be presented in an oral presentation at the 2022 American Society of Clinical Oncology (ASCO) Annual Meeting, taking place June 3-7, 2022 in Chicago and virtually, and in an investor webcast hosted by the company on June 6, 2022.
The presentations will include efficacy and safety data from ARTISTRY-1, a phase 1/2 study evaluating the safety, tolerability and efficacy of nemvaleukin administered intravenously as a monotherapy and in combination with pembrolizumab (KEYTRUDA®). In this study, nemvaleukin demonstrated anti-tumor activity with durable responses as monotherapy in checkpoint inhibitor (CPI)-experienced melanoma and renal cell carcinoma (RCC) patients and as combination therapy in pretreated patients across a range of difficult-to-treat tumors, including in tumor types where CPIs have had limited clinical benefit, and in CPI-experienced patients. Treatment-related adverse events (AEs) were mostly transient and manageable.
"The results of ARTISTRY-1 demonstrate that selectively targeting the IL-2 pathway may deliver significant clinical benefit in multiple tumor types while mitigating the hallmark toxicities associated with high-dose recombinant-IL-2," said Ulka N. Vaishampayan, M.D., Professor, Internal Medicine, Division of Hematology/Oncology, University of Michigan. "These data specifically highlight the potential clinical utility of nemvaleukin as a monotherapy and in combination with pembrolizumab in heavily pretreated patients across multiple tumor types, including in mucosal melanoma and platinum-resistant ovarian cancer."
"ARTISTRY-1 provided important data that has revealed nemvaleukin's pharmacokinetic and pharmacodynamic profile, exhibited similar monotherapy anti-tumor activity as seen with high-dose IL-2, demonstrated anti-tumor activity in combination with a CPI, and established a differentiated safety and tolerability profile," said Craig Hopkinson, M.D., Chief Medical Officer and Executive Vice President of Research & Development at Alkermes. "As we focus on enrolling our potential registrational studies, ARTISTRY-6 in mucosal melanoma and ARTISTRY-7 in platinum-resistant ovarian cancer, these data from ARTISTRY-1 further reinforce our understanding of nemvaleukin's profile and our belief in its clinical potential."
Data highlights from the ASCO oral presentation and the company's investor presentation include the following (all data are as of the Oct. 29, 2021 ASCO data cutoff date, unless otherwise noted):
ARTISTRY-1, Nemvaleukin IV Monotherapy
The ARTISTRY-1 monotherapy cohorts included heavily pretreated, CPI-experienced patients with advanced melanoma or RCC.
- Melanoma monotherapy cohort (46 evaluable patients):
- RCC monotherapy cohort (22 evaluable patients):
ARTISTRY-1, Nemvaleukin IV in Combination With Pembrolizumab
The ARTISTRY-1 combination cohorts included patients with PD-1/L1 unapproved tumor types; patients with PD-1/L1 approved tumor types (PD-1/L1 pretreated and PD-1/L1 treatment naïve) as well as tumor-specific cohorts and a cohort for patients who rolled over into a combination cohort from a monotherapy cohort.
Among the 137 total evaluable patients, four complete responses (CRs) and 18 PRs were observed, SD was observed in 60 patients, and overall median DOR was 23 weeks.
- In the PD-1/L1 unapproved cohort (36 evaluable patients):
- Both of these CRs and two of these PRs (one confirmed), were in patients with platinum-resistant ovarian cancer (PROC) (out of 14 evaluable PROC patients in this cohort). Median DOR in the PROC cohort was 53 weeks.
- In the PD-1/L1 approved cohorts (total 43 evaluable patients):
Treatment-related adverse events (TRAEs) across the ARTISTRY-1 study were consistent with those previously reported for the IV nemvaleukin monotherapy and combination therapy-treated populations from the trial. Pyrexia, chills and neutropenia/decreased neutrophil count were the most commonly reported TRAEs. Across the ARTISTRY-1 study, nemvaleukin in combination with pembrolizumab demonstrated no additive toxicity compared to pembrolizumab alone and no event of capillary leak syndrome was reported.
"Immunotherapies have revolutionized cancer treatment, but significant unmet need remains, as many patients are not eligible or do not respond to certain immunotherapies such as checkpoint inhibitors. Broadening the benefits of immunotherapy to a wider range of patients is an important goal for the treatment community and cancer researchers," said Jill O'Donnell-Tormey, Ph.D., Chief Executive Officer and Director of Scientific Affairs, Cancer Research Institute. "These data from ARTISTRY-1, particularly in patients who are not eligible for current immunotherapies such as a PD-1/L1 inhibitor or who have progressed following treatment with immunotherapies, suggest that nemvaleukin may provide clinical benefit in this patient population. These data support further evaluation of nemvaleukin in future studies."
Trial-in-progress posters from the ongoing ARTISTRY-3 trial and the potential registration-enabling ARTISTRY-6 and ARTISTRY-7 trials will also be presented at the ASCO meeting.
All presentations are available on the ASCO website at https://meetinglibrary.asco.org/.
Oral Presentation
Abstract: 2500
Title: Nemvaleukin alfa monotherapy and in combination with pembrolizumab in patients (pts) with advanced solid tumors: ARTISTRY-1
Presenter: Ulka N. Vaishampayan, M.D., Professor, Internal Medicine, Division of Hematology/Oncology, University of Michigan
Presentation Date/Time: The oral presentation will take place on Saturday, June 4, 2022 from 1:15 – 4:15 p.m. CDT, during the session titled "Developmental Therapeutics—Immunotherapy"
Poster Presentations
Abstract: TPS5609
Title: ARTISTRY-7: A phase 3, multicenter study of nemvaleukin alfa in combination with pembrolizumab versus chemotherapy in patients (pts) with platinum-resistant epithelial ovarian, fallopian tube, or primary peritoneal cancer
Presenter: Thomas J. Herzog, M.D., Professor of Obstetrics and Gynecology, Deputy Director, University of Cincinnati Cancer Institute and Associate Director of GOG Partners
Presentation Session Date/Time: The poster will be presented on Saturday, June 4, 2022 from 1:15 – 4:15 p.m. CDT, during the "Gynecologic Cancers" poster session
Abstract: TPS2684
Title: ARTISTRY-3: Effect of nemvaleukin alfa with a less frequent IV dosing schedule as monotherapy and in combination with pembrolizumab and impact on the tumor microenvironment (TME) in patients (pts) with advanced solid tumors
Presenter: Sarina A. Piha-Paul, M.D., Associate Professor, Department of Investigational Cancer Therapeutics, Division of Cancer Medicine, University of Texas MD Anderson Cancer Center
Presentation Session Date/Time: The poster will be presented on Sunday, June 5, 2022 from 8:00 – 11:00 a.m. CDT, during the "Developmental Therapeutics—Immunotherapy" poster session
Abstract: TPS9609
Title: ARTISTRY-6: Nemvaleukin alfa monotherapy in patients with advanced mucosal and cutaneous melanoma
Presenter: Jeffrey S. Weber, M.D., Ph.D., Professor of Medicine, Deputy Director, Laura and Isaac Perlmutter Cancer Center, New York University School of Medicine
Presentation Session Date/Time: The poster will be presented on Monday, June 6, 2022 from 1:15 – 4:15 p.m. CDT, during the "Melanoma/Skin Cancers" poster session
Conference Call and Webcast
Alkermes will host a webcast presentation and conference call with accompanying slides for analysts and investors on Monday, June 6, 2022, at 8:00 a.m. ET (1:00 p.m. BST) to discuss data from the ARTISTRY-1 clinical trial and the ARTISTRY clinical program. The webcast will feature ARTISTRY clinical program investigators, Ulka N. Vaishampayan, M.D., Professor, Internal Medicine, Division of Hematology/Oncology, University of Michigan; Omid Hamid, M.D., Co-director of Cutaneous Oncology, Director of Melanoma Therapeutics and Phase I Immuno-oncology Program, Chief of Translational Research and Immunotherapy, The Angeles Clinic and Research Institute, a Cedars-Sinai Affiliate, Los Angeles; Thomas J. Herzog, M.D., Professor of Obstetrics and Gynecology, Deputy Director University of Cincinnati Cancer Institute, Associate Director of GOG Partners; and members of Alkermes' management team. The webcast player may be accessed on the Investors section of Alkermes' website at www.alkermes.com. To participate in the question-and-answer session, please also dial in to the conference call, which may be accessed by dialing +1 877-407-2988 for U.S. callers and +1 201-389-0923 for international callers. A replay of the webcast will be archived on the company's website for 30 days following the presentation.
About Nemvaleukin Alfa (nemvaleukin)
Nemvaleukin is an investigational, novel, engineered fusion protein comprised of modified interleukin-2 (IL-2) and the high affinity IL-2 alpha receptor chain, designed to preferentially expand tumor-killing immune cells while avoiding the activation of immunosuppressive cells by selectively binding to the intermediate-affinity IL-2 receptor complex. The selectivity of nemvaleukin is designed to leverage the proven anti-tumor effects of existing IL-2 therapy while mitigating certain limitations.
About the ARTISTRY Clinical Development Program
ARTISTRY is an Alkermes-sponsored clinical development program evaluating nemvaleukin as a potential immunotherapy for cancer. The ARTISTRY program is comprised of multiple clinical trials evaluating intravenous and subcutaneous dosing of nemvaleukin, both as a monotherapy and in combination with the anti-PD-1 therapy KEYTRUDA® (pembrolizumab) in patients with advanced solid tumors. Trials in the ARTISTRY program include: ARTISTRY-1, ARTISTRY-2, ARTISTRY-3, ARTISTRY-6 and ARTISTRY-7.
About Alkermes plc
Alkermes plc is a fully-integrated, global biopharmaceutical company developing innovative medicines in the fields of neuroscience and oncology. The company has a portfolio of proprietary commercial products focused on alcohol dependence, opioid dependence, schizophrenia and bipolar I disorder, and a pipeline of product candidates in development for neurodegenerative disorders and cancer. Headquartered in Dublin, Ireland, Alkermes plc has a Research & Development center in Waltham, Massachusetts; a research and manufacturing facility in Athlone, Ireland; and a manufacturing facility in Wilmington, Ohio. For more information, please visit Alkermes' website at www.alkermes.com.
Note Regarding Forward-Looking Statements
Certain statements set forth in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, but not limited to, statements concerning the potential clinical value and utility of nemvaleukin as an immunotherapy, whether as monotherapy or in combination, in multiple tumor types. You are cautioned that forward-looking statements are inherently uncertain. Although the company believes that such statements are based on reasonable assumptions within the bounds of its knowledge of its business and operations, the forward-looking statements are neither promises nor guarantees and they are necessarily subject to a high degree of uncertainty and risk. Actual results may differ materially from those expressed or implied in the forward-looking statements due to various risks and uncertainties. These risks and uncertainties include, among others, whether nemvaleukin could be shown to be unsafe or ineffective; whether results and data from clinical studies for nemvaleukin will be predictive of future or final results from such studies, results of future clinical studies or real-world results; whether future clinical trials or future stages of ongoing clinical trials for nemvaleukin will be initiated or completed on time or at all; changes in the cost, scope and duration of, and clinical trial operations for, development activities for nemvaleukin, including changes relating to the impact of the novel coronavirus (COVID-19) pandemic; and those risks and uncertainties described under the heading "Risk Factors" in the company's Annual Report on Form 10-K for the year ended Dec. 31, 2021, and in subsequent filings made by the company with the U.S. Securities and Exchange Commission (SEC), which are available on the SEC's website at www.sec.gov. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Except as required by law, the company disclaims any intention or responsibility for updating or revising any forward-looking statements contained in this press release.
KEYTRUDA® is a registered trademark of Merck Sharp & Dohme Corp., a subsidiary of Merck & Co., Inc., Kenilworth, NJ, USA.
Alkermes Contacts:
For Investors: Sandy Coombs +1 781 609 6377
For Media: Sourojit Bhowmick, Ph.D. +1 781 609 6397
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SOURCE Alkermes plc | https://www.wibw.com/prnewswire/2022/06/01/alkermes-presents-artistry-1-data-2022-american-society-clinical-oncology-asco-annual-meeting/ | 2022-06-01T11:14:19Z |
Inline indoor/door module for Building Installations
NASHVILLE, Tenn., June 13, 2022 /PRNewswire/ -- OFS is pleased to announce the introduction of its SlimBox Inline Facade Enclosure, expanding the InvisiLight Facade Solution, to support a range of low-rise buildings and garden style dwelling units.
The SlimBox Inline Facade Enclosure is an excellent choice as an external demarcation closure for FTTx applications, featuring dual functionality as a connector and/or splice housing. Designed for inline applications, feeder cables can enter the left or right side of the unit, one or more fibers can be dropped off, and the feeder cable can then exit the opposite side and continue running across the facade.
The new SlimBox Inline Facade Enclosure allows for the midspan access of a feeder cable so that customers can be connected at the module without having to cut and resplice the entire 12 or 24 fiber feeder cable. The modules support to 2 SCA or 4 LCA drops to be dropped off from a feeder cable. Feeder cables can be spliced to a pigtail or connectorized with a splice-on connector and connected for ready use. Drop cables can enter on either side of the closure when customer activation is required. A lanyard attaches to keep the cover with the closure during connection of the drops, even when mounted on the facade.
If needed, the enclosure can further act as a splice box for branching of feeder cables, and the unit can store over 6 meters of 3 mm cable to support maintenance.
The SlimBox Inline Facade Enclosure has the capability to be used for emergency restoration or as an inline splice housing. When used in this fashion, with splice holders replacing the adapters, the unit can support up to 24 single-fiber splices, or two 12-fiber rollable ribbons.
The SlimBox Inline Facade Enclosure will be on display at Fiber Connect 2022 at the Gaylord Convention Center, Nashville, Tennessee, June 12-15, or contact your OFS representative for more information.
OFS is a world-leading designer, manufacturer and provider of optical fiber, fiber optic cable, connectivity, fiber-to-the-subscriber (FTTx) and specialty fiber optic products. We put our development and manufacturing resources to work creating solutions for applications in such areas as telecommunications, medicine, industrial networking, sensing, aerospace, defense, and energy. We provide reliable, cost-effective fiber optic solutions that help our customers meet the needs of consumers and businesses today and into the future.
Headquartered in Norcross (near Atlanta) Georgia, U.S.A., OFS is a global provider with facilities in several countries worldwide. OFS is part of Furukawa Electric Group, a multi-billion-dollar leader in optical communications.
Please visit www.ofsoptics.com/.
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SOURCE OFS | https://www.wibw.com/prnewswire/2022/06/13/ofs-expands-its-invisilight-facade-solution-with-slimbox-inline-facade-enclosure/ | 2022-06-13T18:53:00Z |
PHOENIX, Aug. 22, 2022 /PRNewswire/ -- Mission Management & Trust Co. (Mission Trust) is pleased to welcome Bridget O'Brien Swartz as its Vice President & Fiduciary Counsel. Swartz will facilitate the expansion and development of trust services beyond the traditional offerings to also include settlement planning, qualified settlement funds, special needs trusts, and settlement preservation trusts throughout Arizona.
Swartz comes to Mission Trust after practicing law for over 25 years with a primary focus on special needs law, most recently as Senior Counsel at Dyer, Bregman & Ferris, PLLC in Phoenix. Swartz has substantial knowledge and experience in planning for individuals with disabilities under the age of 65 and their families, including but not limited to, assisting clients with public benefits eligibility issues, personal injury settlement planning, guardianship and conservatorship, and special needs trust drafting and administration.
On joining Mission Trust, Swartz said: "As a long-time practitioner of special needs law and former trust officer, I learned the importance of developing a holistic plan not only understood by the client and acceptable to the court, but when implemented, makes a meaningful difference for the client, enhancing his or her quality of life and providing flexibility in responding to ever-changing circumstances. I hope to bring my experience and aspirations to Mission Management & Trust to build on its tremendous reputation in the Tucson community, and to reverberate throughout the State of Arizona and expand upon the quality financial and fiduciary services it already provides."
Swartz is a Fellow of the American College of Trust and Estate Counsel (ACTEC). She remains involved with national attorney organizations such as the National Academy of Elder Law Attorneys (NAELA), where she is currently Vice President, and the Special Needs Alliance. She frequently authors and presents on topics related to special needs law.
Originally from Duluth, Minn., Swartz obtained her undergraduate degree from the University of Notre Dame before matriculating to Arizona State University, where she earned her law degree at the Sandra Day O'Connor College of Law and her Master of Public Administration. Swartz can be reached at Bridget@MissionTrust.com or by calling (602) 735-0891.
Mission Management & Trust Co. (Mission Trust), based in Tucson, Ariz., is an Arizona-chartered, independent trust company specializing in trust and estate services, asset management, and securities custody. Established in 1994, Mission Trust was acquired by Notre Dame Federal Credit Union (Notre Dame FCU) in February 2022 to complement and augment its array of online, retail, and mobile banking and financial services. Visit MissionTrust.com to learn more.
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SOURCE Mission Management & Trust Co. | https://www.mysuncoast.com/prnewswire/2022/08/22/bridget-obrien-swartz-joins-mission-management-amp-trust-co-vice-president-amp-fiduciary-counsel/ | 2022-08-22T20:18:42Z |
PETAH TIKVAH, Israel, July 8, 2022 /PRNewswire/ -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE) ("SaverOne" or the "Company"), a technology company engaged in transportation safety solutions, today announced new pilot agreements with some of Israel's leading companies including the Israeli branches of leading global companies, building on the Company's existing strong market traction.
The Company has launched several new pilots to install its SaverOne protection system, preventing drivers from distracting and dangerous mobile phone use while driving. These recent pilots include a leading manufacturer and distributer of beverages, Tempo; a public medical support services company, Novolog; a portable storage company, Flex Storage; Israel's main telecom group, Bezeq; and Israel's leading cellphone operator, Cellcom. The fleets of these companies total over one thousand vehicles. These agreements follow earlier pilots with leading companies including Osem-Nestle, Kimberly Clark Israel, Redimix, Brimag, Mifalei Tovala, H.Y. and Paz Mobil.
"We continue to build momentum in expanding our customer base," commented Ori Gilboa, CEO of SaverOne. "We are very pleased with the recent progress, launching new pilots that significantly expand our addressable markets. These pilots are a major step towards commercial agreements and we believe that they are also a demonstration of the success of our vertically focused approach. This approach focuses on verticals such as technicians, heavy delivery, hazardous materials and public transportation. These verticals have unique characteristics which make our solution more relevant, including significant mileage on the road and significantly higher potential impact, should an accident occur."
Continued Mr. Gilboa, "Furthermore, as part of our global strategy, many of our agreements are with the local Israeli branches of international companies. This, we believe will support our international expansion as we demonstrate the significant value we bring to their Israeli subsidisaries."
About the SaverOne System
SaverOne systems are installed in private vehicles, trucks and buses and provide a solution to the distraction problem that is created as a result of drivers using dangerous applications on the mobile device while driving, in a way that endangers their safety and the safety of passengers. This phenomenon is considered one of the main causes of road accidents in the world. According to studies, the annual cost of road accidents in the US stands at about $870 billion, with an estimated 25% of accidents related to the use of the mobile device while driving. The Company's technology specifically recognizes the driver area in the vehicle and prevents the driver from accessing distracting applications, without user intervention or consent, creating a safer driving environment. SaverOne's primary target markets include commercial and private vehicle fleets, as well as insurance and leasing companies that are very interested in reducing damages and costs as a result of accidents.
The Company initially addresses car fleets in the Israeli market and other markets around the world, and later plans on addressing the vehicle manufacturers, to install the Company's protection technologies in the vehicle manufacturing process as an OEM. SaverOne believes that ultimately increasing monitoring and prevention of cellular distraction systems in vehicles driven by EU regulation, will likely have a dramatic positive impact on the demand for its systems in the future.
About SaverOne
SaverOne is a technology company engaged in the design, development and commercialization of transportation safety solutions designed to save lives by preventing car accidents resulting from the use of mobile phones while driving. Our SaverOne system provides an advanced driver safety solution that can identify and monitor mobile phones located in the driver's vicinity and selectively block use of life-threatening applications.
Learn more at https://saver.one/.
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act and other securities laws that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on SaverOne's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Many factors could cause SaverOne's actual activities or results to differ materially from the activities and results anticipated in such forward-looking statements. Factors that could cause our actual results to differ materially from those expressed or implied in such forward-looking statements include, but are not limited to: the ability of our technology to substantially improve the safety of drivers; our planned level of revenues and capital expenditures; our ability to market and sell our products; our plans to continue to invest in research and development to develop technology for both existing and new products; our intention to advance our technologies and commercialization efforts; our intention to use local distributors in each country or region that we will conduct business to distribute our products or technology; our plan to seek patent, trademark and other intellectual property rights for our products and technologies in the United States and internationally, as well as our ability to maintain and protect the validity of our currently held intellectual property rights; our expectations regarding future changes in our cost of revenues and our operating expenses; our expectations regarding our tax classifications; interpretations of current laws and the passage of future laws; acceptance of our business model by investors; the ability to correctly identify and enter new markets; the impact of competition and new technologies; general market, political and economic conditions in the countries in which we operate; projected capital expenditures and liquidity; our intention to retain key employees, and our belief that we maintain good relations with all of our employees; the impact of the COVID-19 pandemic, and resulting government actions on us; and other risks and uncertainties, including those listed in the section titled "Risk Factors" in the final prospectus on Form 424b4 filed with the Securities and Exchange Commission on June 6, 2022. Forward-looking statements contained in this announcement are made as of this date, and SaverOne undertakes no duty to update such information except as required under applicable law.
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SOURCE SaverOne | https://www.kxii.com/prnewswire/2022/07/08/saverone-reports-five-new-agreements-with-leading-companies-growing-market-traction/ | 2022-07-08T12:43:27Z |
Nonprofit SaveTaBSoda Committee publishes billboards in Atlanta to persuade the beverage giant to revive beloved diet soda
- Committee of TaB drinkers raise funds to purchase billboards entreating Coca-Cola to bring back TaB
- Largest billboard faces Coca-Cola's Atlanta headquarters
ATLANTA , June 15, 2022 /PRNewswire/ -- We're still here – and still missing our favorite soda!
The members of the SaveTabSoda Committee along with many loyal TaB fans want Coca-Cola to clearly hear their plea – give us a chance to purchase our beloved soda once again!
The SaveTaBSoda Committee is taking the message to the streets, literally, right in Coca-Cola's hometown.
"We're focusing our efforts right in TaB's home city of Atlanta," said Jenny Boyter, a founding member of the committee. "The billboards are a light-hearted, and we hope persuasive, way to encourage Coca-Cola to work with us to get TaB back in circulation."
Adam Burbach, another founding member of the committee, echoed those sentiments.
"We are confident there's a solution that's a win for Coca-Cola, its distribution partners and for TaB drinkers," he said. "We believe there are innovative ways to get TaB back in the hands of its legions of fans while also proving profitable to Coca-Cola. And with TaB turning 60 next year, it's the perfect time to welcome it back!"
The SaveTabSoda Committee has united TaB drinkers across the US and within a year of TaB being discontinued they have:
- Developed a website https://savetabsoda.com to unite TaB fans in the drive to get TaB back
- Created a nonprofit to raise funds for marketing and advocacy
- Held email, letter-writing and phone call blitzes to Coca-Cola, bottlers, and grocery stores
- Collected more than 5,000 signatures on a petition (https://www.change.org/savetabsoda)
- Contacted Coca-Cola executives and board members
- Delivered a Valentine gift basket – including two rare cans of TaB – to Coca-Cola CEO James Quincey,
- Developed a strong social media presence , including Facebook, Instagram, and Twitter
Founded by a group of TaB drinkers, the organization was designed to focus on activities and events intended to convince Coca-Cola to change its mind on product discontinuation. The Committee works on behalf (and with the help) of TaB drinkers everywhere! In August 2021, the committee formally organized as a nonprofit corporation.
Media Contact: Jenny Boyter | 206.552.8218 | committee@savetabsoda.com
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SOURCE SaveTabSoda | https://www.wibw.com/prnewswire/2022/06/15/digital-billboard-message-coke-bring-back-tab/ | 2022-06-15T16:47:46Z |
Police: Ohio woman paid thief $30 to steal her car from auto body shop
CINCINNATI (WXIX/Gray News) - A woman in Ohio allegedly paid someone to steal her car from an auto shop rather than paying the full $3,500 she owed for repairs.
Surveillance video showed the hired suspect driver hit an employee with the car on their getaway.
Kitu Veal, owner of Kitu’s Auto Group in Cincinnati, says 28-year-old Terrella Lewis brought her car in for repairs, but when it came time to pay, she didn’t have the money.
The cost was also subject to rise without payment as Lewis risked accumulating additional storage fees while her car languished at Veal’s shop.
Veal says he offered to help her by moving the car to his secondary location, where it remained parked while she worked things out.
“I put it on the street right here for maybe ten minutes,” Veal said. “Then I went into the side of my building. I’m walking into the building, I hear the alarm go off, like the chirp of the alarm. So I turn around and saw a guy running to get into her front seat.”
Veal says he thought the person behind the wheel was attempting to steal from the car or steal the car itself.
“Everyone who comes to my business, I protect their car like it’s mine,” said Veal. “It would hurt my heart to know that someone’s property got taken while it was in my possession.”
But police claim in an affidavit that Lewis gave the suspect a key to her car and paid them $30 to steal it and avoid paying the repair costs.
Surveillance video showed Veal jogged to the entrance and stood directly in front of the car. He says he told the person to get out, but the driver then accelerated into him as he was dragged down Central Avenue.
“It was definitely an experience while on the ride,” Veal said. “Once he hit the brakes, that’s when the hard part kicked in. My back still hurts from it.”
Veal says if he had known that he would not have attempted to stop the driver.
“The only reason I stood in front of this car was so he didn’t take your property and put you in a worse position, and you were the person who sent them down here the whole time,” he said.
The person who hit Veal has not yet been identified.
Lewis is currently being held at the Hamilton County Justice Center on $10,000 bail for a charge of complicity.
She will appear before a grand jury June 30.
Copyright 2022 WXIX via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/06/22/police-ohio-woman-paid-thief-30-steal-her-car-auto-body-shop/ | 2022-06-22T06:29:37Z |
"This is Us" took the idea of a "final season" to heart, which made its series finale somewhat less significant, given all that had happened in the multi-episode run-up to formally saying goodbye. Yet the show delivered on its core values and formula, playing with time while depicting the "circle of life" that makes it worth living.
The death of Rebecca (Mandy Moore, capping a season worthy of the Emmy recognition that, other than a nomination in 2019, has mostly eluded her) exhausted one big emotional flourish during the penultimate episode, but there was the matter of laying her to rest, while turning to what came next for her children.
Written by series creator Dan Fogelman, the finale let Jack (Milo Ventimiglia) essentially summarize the six seasons in a single line, telling his teenage boys that life is about "collecting these little moments," the kind of things whose importance is often lost on us at the time.
That exchange captured the interconnectedness of it all, and the show's Scrooge-like ability (after his ghost-given epiphany) to operate in the past, present and future. And the underlying truth of it was illustrated by one of those quiet Saturdays that Rebecca had spoken about not wanting to forget, a day that echoed not just through the lives of her immediate family but into the next generation.
With Rebecca's death, "This is Us" embraced an overtly spiritual quality by advancing the idea that the people we love and lose live on through us. For Randall (Sterling K. Brown), that became clear when he learned that he would be having a grandson who his daughter intended to name after his biological father, William (Ron Cephas Jones), flashing back to a moment between them.
Having had their lives so fundamentally altered by losing their dad as teens, the series perhaps inevitably chose to conclude with Jack and Rebecca's kids, "the Big Three," reaffirming their commitment to each other, while hinting at the fearless lives that await them -- including, in Randall's case, the possibility of a run for the White House.
There were, admittedly, a few questionable decisions, such as skipping over Randall's eulogy, primarily to illustrate that however the speech went over in the room, delivering it was simply a blur to him.
Still, Fogelman used that time to emphasize smaller exchanges and give more characters a stake in the finale. Those interludes included an early exchange between exes Kate (Chrissy Metz) and Toby (Chris Sullivan), underscoring that getting divorced didn't obliterate the warmth between them; and Kevin (Justin Hartley) being reminded by his uncle Nicky (Griffin Dunne) how bringing him into the family had changed his life for the better.
In the penultimate episode, the kindly doctor that delivered the Big Three, played by Gerald McRaney, employed baseball terminology in reassuring Rebecca, "No perfect games in parenting. Not even close."
There are no perfect games in series finales either. But in terms of reflecting what the show had been all about over the course of its tear-filled run, "This is Us" came pretty close to touching all the bases.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/entertainment/this-is-us-closes-the-circle-of-life-with-its-series-finale/article_ee597514-324b-5574-b939-9f20ab9e8b26.html | 2022-05-25T03:54:45Z |
Patrick Schwing to oversee brand experience
ATHENS, Ga., June 13, 2022 /PRNewswire/ -- Zaxby's, the premium quick-service restaurant brand founded in Athens, announced today that Patrick Schwing has been named chief marketing & strategy officer. He joins Zaxby's from Inspire Brands, where he has served as Arby's chief marketing officer and president of the Franchise Association for more than two years. In his new role, Schwing will oversee marketing communications, loyalty, e-commerce, R&D, and media including digital and social to help the organization architect its future growth plans.
"As Zaxby's focuses on brand and culinary differentiation, we are excited to add Patrick to our world-class executive team," said Bernard Acoca, Zaxby's CEO. "Patrick's global brand experience, having worked for both top-tier CPG and QSR organizations, and his proven track record in effectively addressing consumers' needs through insights, new products, and technology innovation, will serve Zaxby's extremely well as we seek to attract new audiences and build even greater guest loyalty over time."
At Arby's, Schwing oversaw brand strategy and experience, including culinary innovation, calendar, media, advertising, and digital commerce. Prior to Arby's, Schwing held domestic and international marketing roles at Procter & Gamble, where he worked across the group's portfolio on brands such as Pantene, Head & Shoulders, Herbal Essences and Oral-B. In 2020, Schwing was named one of Business Insider's "25 CMOs to Watch."
Schwing has a diverse background and understands the criticality of empowering teams to be bold, creative and agile, according to Acoca. Schwing is known for his commitment to consumer-inspired innovation, which will benefit Zaxby's as the brand connects to guests through in-store experiences as well as digital-commerce platforms.
"Transparency drives trust in all of our relationships," Schwing said. "To truly live the Zaxby's mission and enrich the lives of our guests, we must build strong relationships, connect through special moments and show our appreciation—all in the pursuit of showing our guests that we know and understand them better than any other brand."
Founded in 1990, Zaxby's is committed to serving delicious chicken fingers, wings, sandwiches and salads in a fun, offbeat atmosphere where customers are considered friends. For the second year in a row, Zaxby's iconic Signature Sandwich won Thrillist's 2022 Fasties Award for Best Fried Chicken Sandwich. Zaxby's has grown to more than 900 locations in 18 states and is headquartered in Athens, Georgia. For more information, visit zaxbys.com or zaxbysfranchising.com.
Media Contact:
Jacob Teetzmann
Tombras
1.423.494.3673
jteetzmann@tombras.com
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SOURCE Zaxby's | https://www.mysuncoast.com/prnewswire/2022/06/13/zaxbys-names-new-chief-marketing-amp-strategy-officer/ | 2022-06-13T16:04:57Z |
DALLAS, Aug. 16, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced that its subsidiary, EnLink Midstream Partners, LP (ENLK), has commenced cash tender offers (the Tender Offers) to purchase up to $500.0 million in aggregate principle amount (as it may be increased by ENLK, the Aggregate Maximum Tender Amount) of (i) the $502.3 million outstanding aggregate principal amount of ENLK's 4.40% senior notes due 2024 (the 2024 Notes), (ii) the $717.2 million outstanding aggregate principal amount of ENLK's 4.15% senior notes due 2025 (the 2025 Notes), and (iii) the $491.0 million outstanding aggregate principal amount of ENLK's 4.85% senior notes due 2026 (the 2026 notes and, together with the 2024 Notes and the 2025 Notes, the Tender Notes).
The terms and conditions of the Tender Offers are described in an Offer to Purchase, dated August 16, 2022 (the Offer to Purchase). EnLink intends to fund the purchase of Tender Notes with the net proceeds from EnLink's concurrent offering of $500.0 million aggregate principal amount of senior notes due 2030 (the New Notes), which was also announced by EnLink today, together with existing corporate liquidity.
The following table sets forth certain terms of the Tender Offers:
Each of the Tender Offers is scheduled to expire at midnight, New York City time, at the end of September 13, 2022, unless extended or earlier terminated (the Expiration Date). Holders who validly tender their Tender Notes prior to the Expiration Date will be eligible to receive consideration equal to the amounts shown in the table above, subject to the Aggregate Maximum Tender Amount, the series cap with respect to the 2025 Notes and the 2026 Notes (each, a Series Cap) and proration, for each $1,000 principal amount of Tender Notes, plus accrued and unpaid interest from the most recent interest payment date for the applicable Tender Notes up to, but not including, the applicable Settlement Date (as defined below).
Tender Notes tendered and not validly withdrawn prior to 5:00 p.m., New York City time, on August 29, 2022 (such date and time, as it may be extended, the Early Tender Date) and accepted for purchase will receive the applicable total consideration for that series as shown in the table above (the Total Consideration), including the early tender premium for such series of Tender Notes (the Early Tender Premium). Holders of Notes tendering their Notes after the Early Tender Date will only be eligible to receive the applicable tender offer consideration for such series of Tender Notes set forth in the table above (with respect to each series of Tender Notes, the Tender Offer Consideration), which is the applicable Total Consideration less the Early Tender Premium.
The consummation of the Tender Offers is not conditioned upon any minimum amount of Notes being tendered. However, each of the Offers is subject to the satisfaction of certain conditions, including the consummation of the offering of the New Notes on or prior to the Early Settlement Date and certain other customary conditions.
Provided that the conditions to the applicable Tender Offer have been satisfied or waived, and assuming acceptance for purchase by ENLK of Tender Notes validly tendered pursuant to the Tender Offers, (i) payment for applicable Tender Notes validly tendered at or prior to the applicable Early Tender Date and purchased in the applicable Tender Offer shall be made on the settlement date that is expected to be the second business day following the applicable Early Tender Date, or as promptly as practicable thereafter (with respect to each series of Notes, the Early Settlement Date) and (ii) payment for any applicable Tender Notes validly tendered after the applicable Early Tender Date, but at or prior to the applicable Expiration Date, and purchased in the applicable Tender Offer shall be made on the settlement date that is expected to be the second business day following the applicable Expiration Date, or as promptly as practicable thereafter (with respect to each series of Notes, the Final Settlement Date and, together with the related Early Settlement Date, the Settlement Dates).
Subject to the Aggregate Maximum Tender Amount, the applicable Series Cap and proration, the Tender Notes accepted on any Settlement Date will be accepted in accordance with their Acceptance Priority Levels set forth in the table above, with 1 being the highest Acceptance Priority Level and 3 being the lowest Acceptance Priority Level, and provided further that Tender Notes tendered at or prior to the Early Tender Date will be accepted for purchase with priority over Tender Notes tendered after the Early Tender Date, but at or prior to the Expiration Date, regardless of the priority of the series of such later Tender Notes that are tendered.
Acceptance for tenders of any Tender Notes may be subject to proration if the aggregate principal amount for any series of Tender Notes validly tendered and not validly withdrawn would cause the Aggregate Maximum Tender Amount to be exceeded. Acceptance for tenders of the 2025 Notes or the 2026 Notes may also be subject to proration if the aggregate principal amount of the 2025 Notes or 2026 Notes, as applicable, validly tendered and not validly withdrawn is greater than the applicable Series Cap. Furthermore, if the Tender Offers are fully subscribed as of the Early Tender Date, Tender Notes validly tendered after the Early Tender Date will not be accepted for purchase and there will be no Final Settlement Date.
The complete terms and conditions of each Tender Offer is described in the Offer to Purchase, copies of which may be obtained from D.F. King & Co., Inc., the Tender Agent and Information Agent, by calling 800-207-3159 (US toll-free) or 212- 269-5550.
BofA Securities, Inc. and Wells Fargo Securities, LLC will act as the lead dealer managers for the Tender Offers. The co-dealer managers for the Tender Offers are Citigroup Global Markets Inc., RBC Capital Markets, LLC, PNC Capital Markets LLC and TD Securities (USA) LLC. Any questions regarding the terms of the Tender Offers should be directed to the lead dealer managers at BofA Securities, Inc., (US toll-free) 888-292-0070 or (collect) 980-388-3646, or Wells Fargo Securities, LLC, (US toll-free) 866-309-6316 or (collect) 704-410-4756.
This press release is for informational purposes only and does not constitute an offer to purchase or sell, a solicitation of an offer to purchase or sell or a notice of redemption with respect to any securities, including the Tender Notes or the New Notes. Each of the Tender Offers is being made solely by the Offer to Purchase. The Tender Offers are not being made to holders of Tender Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction.
About EnLink Midstream
EnLink Midstream reliably operates a differentiated midstream platform that is built for long-term, sustainable value creation. EnLink's best-in-class services span the midstream value chain, providing natural gas, crude oil, condensate, and NGL capabilities, and carbon capture, transportation, and sequestration. Our purposely built, integrated asset platforms are in premier production basins and core demand centers, including the Permian Basin, Oklahoma, North Texas, and the Gulf Coast. EnLink's strong financial foundation and commitment to execution excellence drive competitive returns and value for our employees, customers, and investors. Headquartered in Dallas, EnLink is publicly traded through EnLink Midstream, LLC (NYSE: ENLC).
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. Although these statements reflect the current views, assumptions, and expectations of EnLink's management, the matters addressed herein involve certain assumptions, risks, and uncertainties that could cause actual activities, performance, outcomes, and results to differ materially from those indicated herein. Therefore, you should not rely on any of these forward-looking statements. All statements, other than statements of historical fact, included in this press release constitute forward-looking statements, including but not limited to statements identified by the words "forecast," "may," "believe," "will," "should," "plan," "predict," "anticipate," "intend," "estimate," and "expect" and similar expressions. Such forward-looking statements include, but are not limited to, statements regarding the anticipated consummation of the offering of New Notes and Tender Offers, the intended use of the offering proceeds, the anticipated terms of the New Notes or the Tender Offers, other aspects of the notes offering and Tender Offers, and other statements that are not historical facts. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management's control, including risks and uncertainties related to EnLink's business, market conditions, whether EnLink will consummate the offering of New Notes and the Tender Offers, the anticipated terms of the New Notes and anticipated use of proceeds, the impact of competition, and other risk factors included in EnLink's reports filed with the Securities and Exchange Commission. An extensive list of factors that can affect EnLink's business are discussed in EnLink's filings with the Securities and Exchange Commission, including EnLink's Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Neither EnLink Midstream, LLC nor EnLink Midstream Partners, LP assumes any obligation to update any forward-looking statements.
Investor Relations: Brian Brungardt, Director of Investor Relations, 214-721-9353, brian.brungardt@enlink.com
Media Relations: Megan Wright, Director of Corporate Communications, 214-721-9694,megan.wright@enlink.com
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SOURCE EnLink Midstream, LLC | https://www.kxii.com/prnewswire/2022/08/16/enlink-midstream-announces-cash-tender-offers-enlks-senior-notes-due-2024-2025-2026/ | 2022-08-16T14:07:28Z |
The Myers-Briggs Company's new route to Myers-Briggs Type Indicator® Certification prioritizes flexible, on-demand, self-paced learning
SUNNYVALE, Calif., May 18, 2022 /PRNewswire/ -- Those who are looking to get MBTI® Certified on their own schedule, the new self-guided MBTI Certification Program is an ideal way to learn to ethically administer and interpret the official Myers-Briggs Type Indicator® assessment.
Self-paced study through interactive online learning
The self-guided MBTI Certification Program teaches the same core curriculum as in-person programs, but is specifically designed as an interactive, online learning course.
"Many people who want to use the power of MBTI personality insights for coaching, development and team building couldn't travel or take time away to attend our other MBTI certification programs," says Jeff Hayes, President and CEO of The Myers-Briggs Company. "We developed this online, at-your-own-pace MBTI certification program for those who needed flexibility, or who prefer a self-paced, online learning environment."
MBTI expert instruction included
Attendees will work through 12 self-paced learning modules containing text, audio, video and interactive elements. To reinforce the learning and give participants the benefit of hearing other's experiences, the self-guided MBTI Certification Program also includes three virtual group sessions led by The Myers-Briggs Company's MBTI experts. Those who complete the course will be certified to administer the MBTI Global Step I and Step II assessments.
Learn more about the self-guided MBTI certification program: https://www.themyersbriggs.com/en-US/Get-Certified/MBTI-Certification/Self-Guided-Certification
Visit the MBTI Facts page: https://www.themyersbriggs.com/en-US/Support/MBTI-Facts
Take the official MBTI assessment for yourself: www.mbtionline.com
About The Myers-Briggs Company
In our fast-changing world, your edge lies in harnessing 100 percent of your talent – at work, at home, and everywhere in between. The Myers-Briggs Company helps organizations worldwide improve teams, develop inspirational leaders, and solve the most perplexing people challenges. We empower individuals to be the best versions of themselves by enriching their understanding of themselves and others. As a Certified B Corporation, The Myers-Briggs Company is a force for good. And we're ready to help you succeed.
+1 800.624.1765 : themyersbriggs.com : The Myers-Briggs Company
Contact:
Michael Burke
MSR Communications
michael@msrcommunications.com
415-989-9000
Melissa Summer
The Myers-Briggs Company
msummer@themyersbriggs.com
650-691-9105
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SOURCE The Myers-Briggs Company | https://www.wibw.com/prnewswire/2022/05/18/get-mbti-certified-your-schedule-day-or-night/ | 2022-05-18T17:09:12Z |
Competency hearing set for man found with hidden rifle outside Topeka store
Published: Aug. 9, 2022 at 8:54 PM CDT|Updated: 38 minutes ago
TOPEKA, Kan. (WIBW) - A man found hiding a semi-automatic rifle under his clothing outside a Topeka store is set for a competency hearing.
Prosecutors formally charged Dahlkestiere Eichelberger, 45, with felony counts of criminal threat, aggravated assault, and aggravated domestic battery, plus one count of misdemeanor assault.
The Shawnee Co. Sheriff’s Office said deputies arrested Eichelberger July 22 outside the North Topeka WalMart. They say they found a short-barrel semi-automatic rifle and ammunition under his clothes, and was stopped before he went inside the store.
He remains jailed on a $1 million bond. His competency hearing is set for August 18.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/10/competency-hearing-set-man-found-with-hidden-rifle-outside-topeka-store/ | 2022-08-10T02:33:49Z |
High Wind Warning issued April 3 at 2:30PM MDT until April 6 at 6:00AM MDT by NWS Riverton WY
* WHAT…West winds 35 to 45 mph with gusts up to 65 mph
expected.
* WHERE…South Lincoln County, Rock Springs and Green River,
Flaming Gorge and East Sweetwater County.
* WHEN…From 3 PM Monday to 6 AM MDT Wednesday.
* IMPACTS…Mainly to transportation. Elevated blowover risk,
especially for light and high profile vehicles, including
campers and tractor trailers.
Monitor the latest forecasts and warnings for updates on this
situation. Fasten loose objects or shelter objects in a safe
location prior to the onset of winds. | https://localnews8.com/weather/alerts-weather/2022/04/03/high-wind-warning-issued-april-3-at-230pm-mdt-until-april-6-at-600am-mdt-by-nws-riverton-wy/ | 2022-04-03T22:18:32Z |
Published: Apr. 1, 2022 at 7:01 AM EDT|Updated: 27 minutes ago
Bosch Rexroth Appoints Company as an Exclusive Partner of Midwest Areas
AUBURN HILLS, Mich., April 1, 2022/PRNewswire/ -- The latest threshold has been surpassed in the partnership between Morrell Group and Bosch Rexroth. Effective today, Morrell will welcome new companies across the Midwest after Bosch Rexroth appointed them as their exclusive partner in the states of Minnesota, Iowa, and the Dakotas.
Morrell Group serves as an Engineering Partner, Systems Integrator, and Value-Added Distributor (ESV) to all companies with which they work. Within the new territories, their ESV strategy will be implemented in the area of mobile hydraulics and controls, where the focus will be on the off-highway sector. Morrell will provide industry-leading prowess and resources to supply integrated solutions for propulsion, actuation, optimization, and electrification technologies.
The appointment is just the latest development in the 45-year history between the two companies. This may come as no surprise when looking at the steady stream of innovations and cutting-edge solutions Morrell continues to bring to the industry. However, much of the partnership's longevity stems from the exceptional level of service and support Morrell provides.
On Wednesday, March 23, Morrell was recognized by Bosch Rexroth and awarded the "Certified Excellence Sales Partner" Status, which Morrell received certifications in four separate categories, one of which being Mobile Hydraulics. Morrell Group became one of the first U.S.-based companies to receive the distinction.
"Being awarded the status was an honor, especially from such an admirable industry leader and partner," said Mark Garrett, President, and Co-Owner of Morrell Group. "With the new territories, we've been provided an opportunity to showcase exactly why we received such a distinguishment. It's time to execute."
Morrell Group has doubled its midwestern presence as the new territories join Michigan, Ohio, Indiana, and Illinois, with Ontario neighboring the region.
"When you look at some of the companies we get to work with, their engineering is truly amazing and inspiring," shared Mark Majewski, Co-Owner and Executive Vice President. "Connecting with these companies is what it's all about. Providing them with a dedicated and talented team that understands their industry and needs is how we're best able to offer solutions."
Several years ago, Morrell Group made a massive shift, dividing the company into two silos aligned with the Industrial and Mobile Industries. Majewski added, "Companies want partners who understand what they do and add value to their present and future endeavors. In our position, confining ourselves to acting only as a distributor simply wasn't enough. Collaboration is the way of the future."
About Morrell Group
For more than 40 years, Morrell Group has been a leading Engineering Partner, Systems Integrator, and Value-Added Distributor of advanced motion control solutions for industrial and mobile applications.
Using industry-leading components, our application specialists leverage product and industry knowledge to provide custom-engineered solutions for automation, controls, tightening, conveyors, pneumatic, electrical, hydraulic, and lubrication applications. Morrell offers real-time managed inventory, quick ship programs, 24/7 customer support, engineering, prototyping, sizing, print review, and turnkey solutions. The company has eight locations servicing eight states throughout the Midwest — Michigan, Ohio, Indiana, Illinois, Iowa, Minnesota, and the Dakotas — as well as Ontario, Canada.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/04/01/morrell-group-obtains-new-midwest-territories/ | 2022-04-01T11:28:06Z |
SAN JOSE, Calif., May 18, 2022 /PRNewswire/ --
News Summary:
- $12.8 billion in revenue, flat year over year; GAAP EPS $0.73, up 7% year over year, and Non-GAAP EPS $0.87, up 5% year over year
- Solid demand with product order growth up 8% year over year
- Progress on business model transformation with total Annualized Recurring Revenue (ARR) at $22.4 billion in the third quarter of fiscal 2022, up 11% year over year
- Q3 Results:
- Flat year over year
- GAAP EPS increased 7% year over year
- Non-GAAP EPS increased 5% year over year
- Q4 Guidance:
- FY 2022 Guidance:
Cisco today reported third quarter results for the period ended April 30, 2022. Cisco reported third quarter revenue of $12.8 billion, net income on a generally accepted accounting principles (GAAP) basis of $3.0 billion or $0.73 per share, and non-GAAP net income of $3.6 billion or $0.87 per share.
"We continued to see solid demand for our technologies and our business transformation is progressing well," said Chuck Robbins, chair and CEO of Cisco. "While Covid lockdowns in China and the war in Ukraine impacted our revenue in the quarter, the fundamental drivers across our business are strong and we remain confident in the long term."
"We delivered healthy earnings despite unanticipated disruptions through strong pricing and disciplined spend management," said Scott Herren, CFO of Cisco. "Our product backlog is well over $15 billion and product ARR and RPO again grew double digits. The continued progress in our business model transformation reflects the success of our strategy and underpins our long-term confidence."
The third quarter of fiscal 2022 had 13 weeks compared with 14 weeks in the third quarter of fiscal 2021.
Reconciliations between net income, EPS, and other measures on a GAAP and non-GAAP basis are provided in the tables located in the section entitled "Reconciliations of GAAP to non-GAAP Measures."
Financial Summary
All comparative percentages are on a year-over-year basis unless otherwise noted.
Q3 FY 2022 Highlights
Revenue -- Total revenue was flat at $12.8 billion, with product revenue up 3% and service revenue down 8%. Revenue by geographic segment was: Americas up 5%, EMEA down 6%, and APJC down 6%. Product revenue performance was led by growth in Secure, Agile Networks up 4%, Internet for the Future up 6%, End-to-End Security up 7%, and Optimized Application Experiences up 8%. Collaboration was down 7%.
The third quarter of fiscal 2022 had 13 weeks compared with 14 weeks in the third quarter of fiscal 2021. The total additional revenue associated with the extra week in the third quarter of fiscal 2021 was approximately 3% of revenue growth.
In March 2022, in connection with the Russian invasion of Ukraine, Cisco announced its intention to stop business operations in Russia and Belarus for the foreseeable future. The total negative impact to revenue was approximately $200 million in the third quarter of fiscal 2022. Historically, Russia, Belarus and Ukraine collectively, represented approximately 1% of our total revenue.
Gross Margin -- On a GAAP basis, total gross margin, product gross margin, and service gross margin were 63.3%, 61.8%, and 67.3%, respectively, as compared with 63.9%, 62.6%, and 67.4%, respectively, in the third quarter of fiscal 2021.
On a non-GAAP basis, total gross margin, product gross margin, and service gross margin were 65.3%, 64.1%, and 68.9%, respectively, as compared with 66.0%, 64.9%, and 68.7%, respectively, in the third quarter of fiscal 2021.
Total gross margins by geographic segment were: 64.8% for the Americas, 65.9% for EMEA and 66.4% for APJC.
Operating Expenses -- On a GAAP basis, operating expenses were $4.5 billion, down 4%, and were 35.1% of revenue. Non-GAAP operating expenses were $3.9 billion, down 5%, and were 30.7% of revenue.
Operating Income -- GAAP operating income was $3.6 billion, up 4%, with GAAP operating margin of 28.1%. Non-GAAP operating income was $4.5 billion, up 4%, with non-GAAP operating margin at 34.7%.
Provision for Income Taxes -- The GAAP tax provision rate was 19.9%. The non-GAAP tax provision rate was 19.0%.
Net Income and EPS -- On a GAAP basis, net income was $3.0 billion, an increase of 6%, and EPS was $0.73, an increase of 7%. On a non-GAAP basis, net income was $3.6 billion, an increase of 3%, and EPS was $0.87, an increase of 5%.
Cash Flow from Operating Activities -- $3.7 billion for the third quarter of fiscal 2022, a decrease of 6% compared with $3.9 billion for the third quarter of fiscal 2021.
Balance Sheet and Other Financial Highlights
Cash and Cash Equivalents and Investments -- $20.1 billion at the end of the third quarter of fiscal 2022, compared with $24.5 billion at the end of fiscal 2021.
Remaining Performance Obligations (RPO) -- $30.2 billion, up 7% in total, with 54% of this amount to be recognized as revenue over the next 12 months. Product RPO were up 13% and service RPO were up 3%.
Deferred Revenue -- $22.3 billion, up 7% in total, with deferred product revenue up 13%. Deferred service revenue was up 2%.
Capital Allocation -- In the third quarter of fiscal 2022, we returned $1.8 billion to stockholders through share buybacks and dividends. We declared and paid a cash dividend of $0.38 per common share, or $1.6 billion, and repurchased approximately 5 million shares of common stock under our stock repurchase program at an average price of $54.20 per share for an aggregate purchase price of $252 million. The remaining authorized amount for stock repurchases under the program is $17.6 billion with no termination date.
Acquisitions
In the third quarter of fiscal 2022, we closed the acquisition of Opsani, a privately held enterprise software company.
Guidance
Cisco expects to achieve the following results for the fourth quarter of fiscal 2022:
Cisco estimates that GAAP EPS will be $0.60 to $0.70 for the fourth quarter of fiscal 2022.
Cisco expects to achieve the following results for fiscal 2022:
Cisco estimates that GAAP EPS will be $2.75 to $2.85 for fiscal 2022.
Our fiscal 2022 has 52 weeks compared with 53 weeks in fiscal 2021 which is reflected in the guidance.
Our Q4 FY 2022 and FY 2022 guidance assumes an effective tax provision rate of 19% for GAAP and non-GAAP results.
A reconciliation between the Guidance on a GAAP and non-GAAP basis is provided in the tables entitled "GAAP to non-GAAP Guidance" located in the section entitled "Reconciliations of GAAP to non-GAAP Measures."
Editor's Notes:
- Q3 fiscal year 2022 conference call to discuss Cisco's results along with its guidance will be held on Wednesday, May 18, 2022 at 1:30 p.m. Pacific Time. Conference call number is 1-888-848-6507 (United States) or 1-212-519-0847 (international).
- Conference call replay will be available from 4:00 p.m. Pacific Time, May 18, 2022 to 4:00 p.m. Pacific Time, May 25, 2022 at 1-800-388-4923 (United States) or 1-203-369-3800 (international). The replay will also be available via webcast on the Cisco Investor Relations website at https://investor.cisco.com.
- Additional information regarding Cisco's financials, as well as a webcast of the conference call with visuals designed to guide participants through the call, will be available at 1:30 p.m. Pacific Time, May 18, 2022. Text of the conference call's prepared remarks will be available within 24 hours of completion of the call. The webcast will include both the prepared remarks and the question-and-answer session. This information, along with the GAAP to non-GAAP reconciliation information, will be available on the Cisco Investor Relations website at https://investor.cisco.com.
Except as noted above, this guidance does not include the effects of any future acquisitions/divestitures, asset impairments, Russia-Ukraine war costs, restructurings, (gains) and losses on equity investments and significant tax matters or other events, which may or may not be significant unless specifically stated.
Forward Looking Statements, Non-GAAP Information and Additional Information
This release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, among other things, statements regarding future events (such as our ability to manage through ongoing supply constraints, the success of our strategy and confidence in our long-term growth, the fundamental drivers across our business being strong, the strong demand resulting in record backlogs, our business transformation shifting to more software and subscriptions, and our strategic investments in innovation to capitalize on significant growth opportunities and expanding addressable markets) and the future financial performance of Cisco (including the guidance for Q4 FY 2022 and full year FY 2022) that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including: the impact of the COVID-19 pandemic and related public health measures; business and economic conditions and growth trends in the networking industry, our customer markets and various geographic regions; global economic conditions and uncertainties in the geopolitical environment; overall information technology spending; the growth and evolution of the Internet and levels of capital spending on Internet-based systems; variations in customer demand for products and services, including sales to the service provider market and other customer markets; the return on our investments in certain priorities, key growth areas, and in certain geographical locations, as well as maintaining leadership in Secure, Agile Networks and services; the timing of orders and manufacturing and customer lead times; significant supply constraints; changes in customer order patterns or customer mix; insufficient, excess or obsolete inventory; variability of component costs; variations in sales channels, product costs or mix of products sold; our ability to successfully acquire businesses and technologies and to successfully integrate and operate these acquired businesses and technologies; our ability to achieve expected benefits of our partnerships; increased competition in our product and service markets, including the data center market; dependence on the introduction and market acceptance of new product offerings and standards; rapid technological and market change; manufacturing and sourcing risks; product defects and returns; litigation involving patents, other intellectual property, antitrust, stockholder and other matters, and governmental investigations; our ability to achieve the benefits of restructurings and possible changes in the size and timing of related charges; cyber-attacks, data breaches or malware; vulnerabilities and critical security defects; terrorism; natural catastrophic events (including as a result of global climate change); any other pandemic or epidemic; our ability to achieve the benefits anticipated from our investments in sales, engineering, service, marketing and manufacturing activities; our ability to recruit and retain key personnel; our ability to manage financial risk, and to manage expenses during economic downturns; risks related to the global nature of our operations, including our operations in emerging markets; currency fluctuations and other international factors; changes in provision for income taxes, including changes in tax laws and regulations or adverse outcomes resulting from examinations of our income tax returns; potential volatility in operating results; and other factors listed in Cisco's most recent reports on Forms 10-Q and 10-K filed on February 22, 2022 and September 9, 2021, respectively. The financial information contained in this release should be read in conjunction with the consolidated financial statements and notes thereto included in Cisco's most recent reports on Forms 10-Q and 10-K as each may be amended from time to time. Cisco's results of operations for the three and nine months ended April 30, 2022 are not necessarily indicative of Cisco's operating results for any future periods. Any projections in this release are based on limited information currently available to Cisco, which is subject to change. Although any such projections and the factors influencing them will likely change, Cisco will not necessarily update the information, since Cisco will only provide guidance at certain points during the year. Such information speaks only as of the date of this release.
This release includes non-GAAP net income, non-GAAP gross margins, non-GAAP operating expenses, non-GAAP operating income and margin, non-GAAP effective tax rates, non-GAAP interest and other income (loss), net, and non-GAAP net income per share data for the periods presented. It also includes future estimated ranges for gross margin, operating margin, tax provision rate and EPS on a non-GAAP basis.
These non-GAAP measures are not in accordance with, or an alternative for, measures prepared in accordance with generally accepted accounting principles and may be different from non-GAAP measures used by other companies. In addition, these non-GAAP measures are not based on any comprehensive set of accounting rules or principles. Cisco believes that non-GAAP measures have limitations in that they do not reflect all of the amounts associated with Cisco's results of operations as determined in accordance with GAAP and that these measures should only be used to evaluate Cisco's results of operations in conjunction with the corresponding GAAP measures.
Cisco believes that the presentation of non-GAAP measures when shown in conjunction with the corresponding GAAP measures, provides useful information to investors and management regarding financial and business trends relating to its financial condition and its historical and projected results of operations.
For its internal budgeting process, Cisco's management uses financial statements that do not include, when applicable, share-based compensation expense, amortization of acquisition-related intangible assets, acquisition-related/divestiture costs, significant asset impairments and restructurings, significant litigation settlements and other contingencies, Russia-Ukraine war costs, gains and losses on equity investments, the income tax effects of the foregoing and significant tax matters. Cisco's management also uses the foregoing non-GAAP measures, in addition to the corresponding GAAP measures, in reviewing the financial results of Cisco. In prior periods, Cisco has excluded other items that it no longer excludes for purposes of its non-GAAP financial measures. From time to time in the future there may be other items that Cisco may exclude for purposes of its internal budgeting process and in reviewing its financial results. For additional information on the items excluded by Cisco from one or more of its non-GAAP financial measures, refer to the Form 8-K regarding this release furnished today to the Securities and Exchange Commission.
Annualized Recurring Revenue represents the annualized revenue run-rate of active subscriptions, term licenses, and maintenance contracts at the end of a reporting period, net of rebates to customers and partners as well as certain other revenue adjustments. Includes both revenue recognized ratably as well as upfront on an annualized basis.
About Cisco
Cisco (Nasdaq: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more at newsroom.cisco.com and follow us on Twitter at @Cisco.
Copyright © 2022 Cisco and/or its affiliates. All rights reserved. Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. To view a list of Cisco trademarks, go to: www.cisco.com/go/trademarks. Third-party trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. This document is Cisco Public Information.
RSS Feed for Cisco: https://newsroom.cisco.com/rss-feeds
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SOURCE Cisco Systems, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/18/cisco-reports-third-quarter-earnings/ | 2022-05-18T21:09:16Z |
LAS VEGAS, May 19, 2022 /PRNewswire/ -- 1791 Management ("1791") filed a Securities Fraud and Market Manipulation Lawsuit against Energy Vault Inc (NRGV). The action charges Energy Vault with intentional violations of securities laws and fraud, including deliberate fraudulent misrepresentations and omissions relating to the company's business, operations, and prospects.
American Financial Markets must reflect the unimpeded collective judgment of buyers and sellers. Otherwise, investors may stay out of markets if perceived to be unfair or subject to manipulation. Capital formation supporting U.S. domestic growth is vital. Confidence in our system should never be undermined.
CONTACTS:
1791 Management
https://www.1791management.com/
Phone: 702-850-9905
Email: info@1791management.com
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SOURCE 1791 Management | https://www.wibw.com/prnewswire/2022/05/19/lawsuit-filed-against-energy-vault-nyse-nrgv-1791-management-files-securities-fraud-market-manipulation-lawsuit-against-energy-vault-inc/ | 2022-05-19T17:34:14Z |
THE HAGUE, Netherlands (AP) — NATO Secretary-General Jens Stoltenberg and a small group of leaders from alliance countries are meeting in the Netherlands to discuss Russia’s war in Ukraine and to prepare for a summit in Spain later this month.
The informal gathering is being held Tuesday evening at Dutch Prime Minister Mark Rutte’s official residence at The Hague and co-hosted by Danish counterpart Mette Frederiksen. The other leaders attending were Romania’s president, and the prime ministers of Belgium, Poland, Portugal and Latvia.
Against a backdrop of war on the alliance’s eastern edge, the talks will likely also address applications by Sweden and Finland to join the alliance. Both countries applied in May to join NATO after decades of military non-alignment. That changed after Russia invaded Ukraine on Feb. 24.
Turkish President Recep Tayyip Erdogan has vetoed their entry until the two countries change their policies on supporting Kurdish militants deemed by Ankara to be terrorists.
Stoltenberg said Monday he was “glad” that the Swedish government has confirmed its “readiness to address Turkey’s concerns as part of assuming the obligations of future NATO membership.”
The meeting is the latest round of international diplomacy before a June 29-30 NATO summit in Madrid.
Latvian Prime Minister Krisjanis Karins told a local radio program on Tuesday that he hopes — and expects — that the strengthening of the eastern flank, particularly in the Baltic states of Estonia, Latvia and Lithuania that all border Russia, will be discussed over dinner in The Hague.
The issue is relevant to the governments in Riga, Tallinn and Vilnius, which have long sought a permanent presence of NATO troops on their territories following Russia’s military maneuvers in the region in the past several years and substantially increased the appeals since Moscow’s invasion.
In the interview with Latvian Radio, cited by the Baltic News Service, Karins stressed that it was important his NATO colleagues have a similar understanding of the need to strengthen security in the Baltic region.
The meeting in The Hague follows a gathering Friday in Bucharest of nine NATO nations on the alliance’s eastern flank where some leaders urged NATO to step up protection in light of Russia’s protracted war against Ukraine.
“We need to make sure that NATO is able and prepared to respond effectively and calibrated to the threats it faces,” Romanian President Klaus Iohannis told reporters after Friday’s meeting. “The alliance needs to be able to defend every inch of its territory.”
Three NATO members — Bulgaria, Romania and Turkey — border the Black Sea, which has turned into a key battleground in the war in Ukraine.
___
Jari Tanner in Helsinki, and Monika Scislowska in Warsaw, Poland, contributed to this report.
___
Follow AP’s coverage of the Ukraine war at https://apnews.com/hub/russia-ukraine | https://cw33.com/news/international/ap-international/group-of-nato-leaders-meet-in-the-hague-to-discuss-ukraine/ | 2022-06-15T01:06:08Z |
More afternoon storms, but the August tropics stay quiet!
SARASOTA, Fla. (WWSB) - Our extra stormy weather pattern continues for the last few days of August. From Wednesday to Friday we received over three inches of rain in some areas, Bradenton 3.38″ and SRQ 3.40″, but the 3-day total in Nokomis only 0.74″. Thunderstorms will be widespread for the weekend, especially Sunday, and the start of the workweek. Then daily storms are likely to cut back by the end of the week.
Hurricane Season looks quiet to end August. It’s been 25 years since we had an August with no named storms in the Atlantic basin, with 1997 being the last time. The other years without an August storm were 1961, 1941, and 1929. Activity is still likely to pick up in September. Both the American and European computer models are indicating a tropical storm could develop during Labor Day weekend. There are big disagreements as to exactly where this storm could develop. We will track this closely!
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/08/27/more-afternoon-storms-august-tropics-stay-quiet/ | 2022-08-27T10:28:06Z |
ST. PETERSBURG, Fla., June 30, 2022 /PRNewswire/ -- Isleworth Healthcare Acquisition Corporation (Nasdaq: ISLE)("Isleworth"), a special purpose acquisition company, today announced that it has entered into an agreement with Cytovia Holdings, Inc. ("Cytovia"), a biopharmaceutical company empowering natural killer (NK) cells to fight cancer through stem cell engineering and multispecific antibodies (the "Termination Agreement") to terminate its previously announced Merger Agreement with Cytovia, which was executed in April 2022. The Termination Agreement is effective immediately, and contains mutual releases and covenants not to sue.
A copy of the Termination Agreement is filed as an exhibit to a Current Report on Form 8-K filed by Isleworth today.
Isleworth Healthcare Acquisition Corp. is a blank check company organized for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. We have operating expertise in managing large and high growth businesses and more specifically, in the life sciences industry. Collectively, we have built, managed, bought and sold companies or technologies all over the world. The team includes Al Weiss (Chairman, Director), former President, Worldwide Operations Walt Disney Parks and Resorts; Bob Whitehead (CEO, Director), a long-standing pharmaceutical executive, in the United States and internationally, and in large and emerging stage companies; Dan Halvorson (EVP & CFO, Director), experienced public and private company executive in financial planning and operations in the life science, technology and artificial intelligence industries; Vipul Patel, MD, (Director), a pioneer in the development and utilization of robotic surgical technologies, and is connected to many emerging stage med tech and device companies; Monica Reed, M.D. (Director), an experienced healthcare leader of large regional healthcare systems and community hospitals, and serves on various bioscience boards; Bob Dahl (Director), formerly Managing Director of Healthcare Investments at the Carlyle Group and was previously co-head of healthcare investment banking at Credit Suisse; and Michelle McKenna (Director), an experienced board member and she has significant experience in M&A and early stage companies, and as a C-suite executive of the NFL, she was responsible for the highly effective Covid-19 contract tracing program across the league.
Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe," "may," "will, "estimate," "continue," anticipate," "intend," expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of management and are not predictions of actual performance. These forward-looking statements are not intended to serve as, and must not be relied on by an investor as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions this press release relies on. Many actual events and circumstances are beyond the control of Isleworth. These forward-looking statements are subject to a number of risks and uncertainties including (i) any changes to accounting methods of Isleworth; (ii) the risk factors included in this press release; and (iii) those factors discussed in Isleworth's Annual Report on Form 10-K for the year ended December 31, 2021, and on its Quarterly Report on Form 10-Q for the period ended March 31, 2022, under the heading "Risk Factors," and other documents Isleworth has filed, or will file, with the Securities and Exchange Commission (the "SEC"). If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements.
Isleworth Healthcare Acquisition Corp. Contact:
Dan Halvorson
EVP & CFO, Director
dan@isleworthhealthcare.com
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SOURCE Isleworth Healthcare Acquisition Corp. | https://www.wibw.com/prnewswire/2022/06/30/isleworth-cytovia-terminate-merger-agreement/ | 2022-06-30T21:41:24Z |
"I couldn't walk at all," he said. "I couldn't balance, I couldn't do anything like that."
Bonaduce said that in April, his wife Amy noticed he was having difficulty speaking coherently.
"She looked really nervous," he recalled. "She said, 'You're not saying words, you're not speaking English,' which of course is preposterous to me."
He said they called an ambulance and he spent five days in the hospital, though he remembers very little of that stay.
Bonaduce said his father had suffered a stroke and the symptoms he had, including slurred words, memory loss and the inability to walk, seemed to also be a stroke, though medical tests ruled that out as a cause.
Bonaduce said he was "hoping for a diagnosis, but did not get one."
He recently returned to work and shared some advice.
"Take time to consider your health, what you're doing," he said. "Pay attention."
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Wafaa Mamilli, EVP and Chief Information and Digital Officer of Zoetis Recognized at Premier Global CIO Event
CAMBRIDGE, Mass., May 23, 2022 /PRNewswire/ -- The 19th Annual MIT Sloan CIO Symposium today announced that Wafaa Mamilli, EVP and Chief Information and Digital Officer, Zoetis is the recipient of the prestigious 2022 MIT Sloan CIO Leadership Award. Over the past fifteen years, the Award has recognized Chief Information Officers (CIOs) who lead their organizations to deliver exemplary levels of business value through the innovative use of IT.
"On behalf of the MIT Sloan CIO Symposium Awards Committee, we are extremely pleased to present the 2022 CIO Leadership Award to Wafaa Mamilli, EVP and Chief Information and Digital Officer of Zoetis," said Dr. George Westerman, Award Co-Chair. "We received many notable nominations for this award, but our four finalists rose to the top. While the final decision process was one of the most difficult in our history, Wafaa emerged as the clear leader in reshaping the future of her company and its digital ecosystems. We are delighted to name her for this award."
Mrs. Mamilli joined Zoetis from Eli Lilly and Company, where she most recently served as Global CIO for the company's Business Units with responsibility over sales, marketing, customer experience, medical affairs for the diabetes, oncology, biomedicine and international business units. In her 20-plus years with Eli Lilly, Mrs. Mamilli held a variety of international leadership positions with increasing responsibilities. As the company's first Chief Information Security Officer (CISO), she led the strategy and execution to secure products, devices, manufacturing systems and information across the business.
"I am truly honored to be recognized by the MIT Sloan CIO Symposium with this prestigious award," said Wafaa Mamilli, EVP and Chief Information and Digital Officer of Zoetis. "It's a true reflection of the work that our Zoetis colleagues are doing every day to unlock new sources of value for our company and its customers through digital and data analytics. It also underscores the critical role of technology in powering Zoetis' purpose to nurture our world and humankind by advancing care for animals – whether it's generating more agile ways of working, or applying data insights that help veterinarians and livestock farmers make earlier and more informed decisions to keep their animals healthy and productive. More than ever, our digital strategy is a business strategy."
Dr. Westerman presented the award to Mrs. Mamilli at the The MIT Sloan CIO Symposium's Leadership Award Dinner on May 22. The other distinguished Award finalists were Vagesh Dave, Global VP & CIO, McDermott International, Ltd.; Manoj Kumbhat, CDO & Global CIO, Kimberly-Clark; and James McGlennon, EVP and CIO, Liberty Mutual Insurance.
About the MIT Sloan CIO Symposium
The MIT Sloan CIO Symposium is the premier global conference for CIOs and digital business executives to become more effective leaders. CIOs and senior IT executives explore enterprise technology innovations, business practices and receive actionable information that enables them to meet the challenges of today and the future. The Symposium offers a unique learning environment by bringing together the academic thought leadership of MIT with the in-the-trenches experience of leading global CIOs and industry experts. The MIT Sloan CIO Symposium is organized and developed by the MIT Sloan Boston Alumni Association. For more information and to register for this year's Symposium, visit www.mitcio.com.
Journalists should contact Sadie Smith (sadie@warnerpr.com 717-298-1865) at Warner Communications.
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SOURCE MIT Sloan CIO Symposium | https://www.mysuncoast.com/prnewswire/2022/05/23/mit-sloan-cio-symposium-announces-winner-2022-cio-leadership-award/ | 2022-05-23T12:30:31Z |
BOTHELL, Wash., April 7, 2022 /PRNewswire/ -- BioLife Solutions, Inc. (Nasdaq: BLFS) ("BioLife" or the "Company"), a leading developer and supplier of class-defining bioproduction products and services for the cell and gene therapies (CGT) and the broader biopharma markets, today announced that its Audit Committee (the "Committee") approved the engagement of Grant Thornton LLP ("Grant Thornton") as the Company's new independent registered public accounting firm, effective April 6, 2022. The Company dismissed its prior registered independent public accounting firm following its request for proposal process in connection with the audit for the fiscal year ending December 31, 2022.
On April 7, 2022, the Company filed a Form 8-K describing in further detail the determinations of the Committee described herein in accordance with Form 8-K and the rules and regulations described therein.
BioLife Solutions is a leading supplier of class-defining bioproduction tools and services for the cell and gene therapy and broader biopharma markets. Our tools portfolio includes our proprietary CryoStor® and HypoThermosol® biopreservation media for shipping and storage, the ThawSTAR® family of automated, water-free thawing products, evo® cold chain management system, high capacity cryogenic storage freezers, Stirling Ultracold mechanical freezers, SciSafe biologic storage services, and Sexton Biotechnologies cell processing tools. For more information, please visit www.biolifesolutions.com, www.scisafe.com, www.stirlingultracold.com, or www.sextonbio.com and follow BioLife on Twitter.
Media & Investor Relations
At the Company
Troy Wichterman
Chief Financial Officer
(425) 402-1400
twichterman@biolifesolutions.com
Investors
LHA Investor Relations
Jody Cain
(310) 691-7100
jcain@lhai.com
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SOURCE BioLife Solutions, Inc. | https://www.mysuncoast.com/prnewswire/2022/04/07/biolife-solutions-inc-announces-change-auditor-grant-thornton-llp/ | 2022-04-08T01:29:32Z |
New York coach Sandy Brondello was on her way to her team’s Friday morning shootaround when she heard the “disappointing” news that Russia had extended Brittney Griner’s pre-trial detention another 30 days.
Griner’s original detention date was set to end on May 19. The two-time Olympic gold medalist who plays for the Phoenix Mercury, was detained at a Moscow airport in February after vape cartridges containing oil derived from cannabis were allegedly found in her luggage. Griner, 31, faces drug smuggling charges that carry a maximum penalty of 10 years in prison.
The 30-day extension could mean Griner’s case could go to trial soon.
Whatever is next on the legal horizon didn’t take the sting out of the latest news for Brondello, who coached Griner for eight years in Phoenix before taking over the New York Liberty this year.
“Obviously very disappointed to hear they are extending BG’s stay in Russia and we’ve got to do everything we can to get her out,” Brondello said. “We have to free BG. We need her back here. Hopefully the government can do something about it sooner rather than later.”
The 6-foot-9 Griner appeared for the brief hearing at a court outside Moscow handcuffed, wearing an orange hoodie and holding her face down.
While the extension wasn’t unexpected, players across the league saw the photos and video of Griner and said it was all difficult to see.
“It was a gut punch. I saw the pictures,” said Fever guard Danielle Robinson who played with Griner in Phoenix for a season. “You get to know her and her family, what she’s all about, what she stands for. Knowing her heart, she has such a heart for other people, it’s super sad.”
Ariel Atkins, who played with Griner in the Tokyo Olympics last summer, said she doesn’t understand everything in Griner’s case but that she “just wants to do anything that I can to help bring her home. Just a devastating situation. I can’t imagine how her family feels right now.”
Griner’s wife Cherelle, who graduated from North Carolina Central University earlier this month, hasn’t said much about the stress on their family.
The news of Griner’s detention being extended had Mercury guard Brianna Turner recalling good deeds done by her teammate, moving her to post on Twitter hours later a story of how Griner would save her leftover food and give it to a homeless person.
“Of course with her on my mind I thought to do the same today” Turner wrote. “Sometimes a free meal can make a person’s day. If possible, do something nice for a stranger today.”
Griner’s agent Lindsay Kagawa Colas started posting on Twitter two weeks ago a count of the days that Griner’s been detained overseas. Friday was the 85th day.
Hours after the extension Kagawa Colas tweeted that Griner’s team expects the government to “use all options available to immediately and safely bring Griner home.”
Others have followed suit and are tweeting about the days Griner has been detained, including Seattle Storm All-Star Breanna Stewart and South Carolina coach Dawn Staley.
All seem determined to ensure Griner’s name and detention remain on people’s minds, then as Wings coach Vickie Johnson said, “let the league take care of it, and her lawyers.”
“Only thing I can do, I’m great friends with Brittney, is continue to pray for her and her family,” Johnson said. “Hopefully, she’s OK mentally and physically.”
___
AP Sports Writer Noah Trister contributed to this story from Washington.
___
To see more stories on Griner: https://apnews.com/hub/brittney-griner | https://cw33.com/sports/ap-sports/griners-extended-detention-disappointing-to-her-wnba-family/ | 2022-05-15T06:06:32Z |
SWIFT 1.2 deeper automation, visibility, mobility
SAN JOSE, Calif., Aug. 15, 2022 /PRNewswire/ -- RackWare, a leading provider of Hybrid Cloud Mobility solutions, announced SWIFT™ for Microsoft Azure, a comprehensive solution for migrating and protecting stateful containerized workloads running on the Microsoft Azure. SWIFT is a converged disaster recovery (DR), backup and migration solution for Kubernetes and OpenShift that spans all platforms, clouds, and versions, meaning it can move and protect any Kubernetes or OpenShift deployment from any source to Azure Kubernetes Service (AKS).
Moving and protecting stateful containerized workloads can be challenging, time consuming and costly. RackWare SWIFT v1.2 fully automates and manages the migration and protection of these workloads to reduce costs, time, and risk with flexible protection, simplified mobility, single pane of glass management, and support for a range of new capabilities.
RackWare SWIFT delivers unmatched flexibility in the handling of stateful containerized workloads, as part of any migration or DR transformation to AKS, any source storage type for containers can be transitioned to any of the AKS storage types, including Azure Disk Storage, and Azure File Share. This solution provides better security; simple, effective checkpoints; hybrid model support; simple, application-neutral migration, backup, and DR, and ability to migrate from any cloud to Azure quickly and simply.
"We are very excited to offer this solution to migrate and protect stateful containerized workloads with AKS," said Bryan Gobbett, CEO, RackWare. "Our strong Azure integration continues to deliver unmatched value to our joint Azure customers."
"The RackWare SWIFT solution integration with Microsoft storage options helps expand customer value for production scale stateful workloads on Azure," said Aung Oo, General Manager, Microsoft Azure Storage.
For more details, see the solution description at https://www.rackwareinc.com/rackware-swift-microsoft-azure.
About RackWare
RackWare makes data and applications mobile and secure. We empower our customers to run their applications and store their data in any cloud of their choice. Seamless mobility allows our customers to take advantage of cutting-edge services or reduced costs as they become available throughout the cloud universe. And if disaster strikes, whether that be of the natural or cyber-criminality type, our proprietary replication and sync technology has our customers protected. RackWare is based in Silicon Valley with offices in Salt Lake City, Philadelphia, London and Pune, India.
PR Contact
Linda Eldredge
linda.eldredge@rackwareinc.com
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SOURCE RackWare | https://www.mysuncoast.com/prnewswire/2022/08/15/rackware-announces-integrated-data-protection-migration-kubernetes-microsoft-azure/ | 2022-08-15T15:57:39Z |
- Net earnings were $872.4 million, or $0.85 per diluted share for the first quarter of fiscal 2023 compared with $764.4 million, or $0.71 per diluted share for the first quarter of fiscal 2022. Adjusted net earnings1 were approximately $875.0 million compared with $758.0 million for the first quarter of fiscal 2022. Adjusted diluted net earnings per share1 were $0.85, representing an increase of 19.7% from $0.71 for the corresponding quarter of last year.
- Total merchandise and service revenues of $4.1 billion, an increase of 0.1%. Same-store merchandise revenues increased by 3.5% in the United States, by 2.8% in Europe and other regions1, and decreased by 1.3% in Canada.
- Merchandise and service gross margin1 decreased by 0.3% in the United States to 33.9%, and increased by 0.5% in Europe and other regions to 38.9%, and by 0.8% in Canada to 33.1%.
- Same-store road transportation fuel volumes decreased by 4.0% in the United States, by 3.7% in Europe and other regions, and increased by 0.4% in Canada.
- Road transportation fuel gross margin1 of 49.00¢ per gallon in the United States, an increase of 12.25¢ per gallon, US 12.26¢ per liter in Europe and other regions, an increase of US 1.94¢ per liter, and CA 14.04¢ per liter in Canada, an increase of CA 3.12¢ per liter. Fuel margins remained healthy throughout the network, due to favorable market conditions and the continued work on the optimization of the supply chain.
- Despite the growth in expenses of 9.4%, the Corporation has deployed strategic efforts to mitigate costs increases and inflationary pressures, which is demonstrated by the normalized growth of expenses1 of 7.3%, remaining below inflation.
- Sequential improvement of the leverage ratio1 at 1.31 : 1, and of the return on capital employed1 at 15.9%, both driven by strong earnings.
- On April 22, 2022, the Corporation renewed its share repurchase program which allows it to repurchase up to 10.0% of the public float. Under the renewed program, shares for a net amount of $478.0 million were repurchased during the quarter.
- On August 30, 2022, subsequent to the end of the quarter, the Corporation also announces that, following satisfaction of closing conditions, it has closed its proposed acquisition of Cape D'Or Holdings Limited, Barrington Terminals Limited and other related holding entities in Atlantic Canada.
LAVAL, QC, Aug. 30, 2022 /PRNewswire/ - For its first quarter ended July 17, 2022, Alimentation Couche-Tard Inc. ("Couche-Tard" or the "Corporation") (TSX: ATD) announces net earnings of $872.4 million, representing $0.85 per share on a diluted basis. The results for the first quarter of fiscal 2023 were affected by pre-tax acquisition costs of $1.2 million, as well as by a pre-tax net foreign exchange loss of $1.0 million. The results for the comparable quarter of fiscal 2022 were affected by a pre-tax net foreign exchange gain of $8.6 million as well as by pre-tax acquisition costs of $0.8 million. Excluding these items, the adjusted net earnings1 were approximately $875.0 million, or $0.85 per share on a diluted basis for the first quarter of fiscal 2023, compared with $758.0 million, or $0.71 per share on a diluted basis for the first quarter of fiscal 2022, an increase of 19.7% in the adjusted diluted net earnings per share1, driven by higher road transportation fuel gross margins1, by organic growth in the convenience activities, as well as by the favorable impact of the share repurchase program, partly offset by higher expenses. All financial information presented is in US dollars unless stated otherwise.
"In the face of continued and historic inflationary conditions and high fuel prices, we are pleased to report strong results this quarter, especially in convenience where we had healthy same stores sales in our U.S. market. We also continued to generate robust fuel margins across all of our platforms. In this period of high inflation and high prices, we remain focused on delivering a strong and consistent value to our customers and on maintaining cost discipline in our operations," said Brian Hannasch, President and Chief Executive Officer of Alimentation Couche-Tard.
"We are proud of the progress we made this quarter in our vision to become the world's preferred destination in convenience and mobility. With our Fresh Food, Fast priority, we are hitting key targets in site numbers and seeing very strong growth in our private label brands as consumers look for value. To enhance the customer experience at our locations, we are progressing with the roll out of our innovative, easy-to-use, smart checkout technology after announcing plans to deploy 10,000 units in 7,000 stores during the next three years. Also, after a year of record organic growth in store builds, we added 30 more new sites this quarter," concluded Brian Hannasch.
Claude Tessier, Chief Financial Officer, added: "We delivered another impressive quarter highlighted by increases of 10.6% in adjusted EBITDA1 and 19.7% in adjusted diluted net earnings per share2 compared to the first quarter of fiscal 2022, bringing our last four quarters adjusted EBITDA1 to more than $5.4 billion. Our customary cost discipline, combined with an improving labor market, have allowed us to limit the normalized growth of expenses1 to 7.3%, compared to the first quarter of last year, more than 1% below inflation, which was particularly notable once again this quarter. Our financial position remains strong, highlighted by our leverage ratio1 of 1.31, providing us with opportunities for the future. I am especially proud of our teams' execution this quarter which resulted in sequential improvements on both of our key return metrics."
Significant Items of the First Quarter of Fiscal 2023
- On April 22, 2022, the Toronto Stock Exchange approved the renewal of our share repurchase program, which took effect on April 26, 2022. The renewed share repurchase program allows us to repurchase up to 79,703,614 shares, representing 10.0% of the shares comprising the public float as at April 20, 2022, and the share repurchase period will end no later than April 25, 2023. During the first quarter of fiscal 2023, we repurchased 10,940,400 shares, for an amount of $478.0 million.
- On May 9, 2022, we established a commercial paper program in the United States on a private placement basis. The commercial paper program allows us to issue, at our discretion, unsecured commercial paper notes with maturities not exceeding 397 days. The aggregate principal amount of unsecured commercial paper notes outstanding at any one time cannot exceed $2.5 billion and our term revolving unsecured operating credit facility serves as a liquidity backstop for the repayment of the unsecured commercial paper notes. As at July 17, 2022, there were no outstanding unsecured commercial paper notes.
- On April 28, 2022, we exercised the Series B common share warrants in Fire & Flower for a total consideration of CA $37.8 million ($29.5 million), which increased our interests in Fire & Flower to 35.3%.
Changes in our Network during the First Quarter of Fiscal 2023
- We acquired one company-operated store since the beginning of the first quarter of fiscal 2023.
- We completed the construction of 23 stores and the relocation or reconstruction of 7 stores, reaching a total of 30 stores since the beginning of fiscal 2023. As of July 17, 2022, another 54 stores were under construction and should open in the upcoming quarters.
- During the first quarter of fiscal 2023, we invested an amount of $30.1 million in a joint venture with Musket Corporation, which then acquired four road transportation fuel terminals located in Florida, Illinois, and North Carolina, United States.
- On August 30, 2022, subsequent to the end of the quarter, we announce that, following satisfaction of closing conditions, we have closed our proposed acquisition of all the issued and outstanding shares of Cape D'Or Holdings Limited, Barrington Terminals Limited, and other related holding entities which operate an independent convenience store and fuel network in Atlantic Canada under the Esso, Go! Store and Wilsons Gas Stops brands (collectively "Wilsons"). The Wilsons network comprises 79 company-owned and operated convenience retail and fuel locations, 2 company-owned and dealeroperated locations, 137 dealer-owned and operated locations, and a fuel terminal in Halifax, Canada. The transaction was settled for a consideration, subject to post-closing adjustments including debt repayment, of CA $346.8 million ($265.9 million), using available cash. In connection with obtaining the Competition Bureau (Canada) approval for the transaction, we entered into a consent agreement with the Commissioner of Competition to divest 34 company-owned and operated convenience retail and fuel locations, 1 company-owned and dealer-operated location, and 12 dealer-owned and operated locations in New Brunswick, Newfoundland and Labrador, Nova Scotia and Prince Edward Island, Canada.
Summary of changes in our store network
The following table presents certain information regarding changes in our store network over the 12‑week period ended July 17, 2022:
We use the US dollar as our reporting currency, which provides more relevant information given the predominance of our operations in the United States.
The following table sets forth information about exchange rates based upon closing rates expressed as US dollars per comparative currency unit:
For the analysis of consolidated results, the impact of the translation of our foreign currency operations into US dollars is defined as the impact from the translation of our Canadian, European and Asian operations into US dollars. Variances of our foreign currency operations into US dollars are determined as being the difference between the corresponding period results in local currencies translated at the current period average exchange rate and the corresponding period results in local currencies translated at the corresponding period average exchange rate.
The following table highlights certain information regarding our operations for the 12-week periods ended July 17, 2022, and July 18, 2021, and the results analysis in this section should be read in conjunction with this table. Europe and other regions include the results from our operations in Asia.
Our revenues were $18.7 billion for the first quarter of fiscal 2023, up by $5.1 billion, an increase of 37.4% compared with the corresponding quarter of fiscal 2022, mainly attributable to a higher average road transportation fuel and other fuel products selling price, organic growth on merchandise and service revenues, and the contribution from acquisitions while being partly offset by lower road transportation fuel demand, the impact of the divestiture of sites following the strategic review of our network as well as the net negative impact of approximately $336.0 million from the translation of our foreign currency operations into US dollars.
Merchandise and service revenues
Total merchandise and service revenues for the first quarter of fiscal 2023 were $4.1 billion, an increase of $4.5 million compared with the corresponding quarter of fiscal 2022. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $78.0 million. The remaining increase of approximately $82.0 million, or 2.0%, is primarily attributable to organic growth in the United States and Europe and other regions, and to the contribution from acquisitions which amounted to approximately $31.0 million, while being partly offset by the disposal of stores following the strategic review of our network. Same-store merchandise revenues increased by 3.5% in the United States, by 2.8%1 in Europe and other regions, and decreased by 1.3% in Canada. Same-store merchandise revenues in Canada were strongly impacted by increased competition of the illicit market in the cigarettes category compared with the corresponding quarter of fiscal 2022.
Road transportation fuel revenues
Total road transportation fuel revenues for the first quarter of fiscal 2023 were $14.3 billion, an increase of $4.9 billion compared with the corresponding quarter of fiscal 2022. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $249.0 million. The remaining increase of approximately $5.2 billion, or 55.1%, is attributable to a higher average road transportation fuel selling price, which had an impact of approximately $5.5 billion partly offset by the impact of lower road transportation fuel demand. Same-store road transportation fuel volumes decreased by 4.0% in the United States and by 3.7% in Europe and other regions, and increased by 0.4% in Canada. During the quarter, road transportation fuel demand remained unfavorably impacted by the significant rise in retail prices driven by the increase in crude oil costs, from work from home trends and the impact from our fuel rebranding activities.
The following table shows the average selling price of road transportation fuel of our company-operated stores in our various markets for the last eight quarters. The average selling price of road transportation fuel consists of the road transportation fuel revenues divided by the volume of road transportation fuel sold:
Other revenues
Total other revenues for the first quarter of fiscal 2023 were $266.1 million, an increase of $150.4 million compared with the corresponding quarter of fiscal 2022. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $11.0 million. The remaining increase of approximately $161.0 million, or 139.2%, is primarily driven by higher prices and higher demand on our other fuel products, which had a minimal impact on gross profit1.
Our gross profit was $2.9 billion for the first quarter of fiscal 2023, up by $282.8 million or 10.9%, compared with the corresponding quarter of fiscal 2022, mainly attributable to higher road transportation fuel gross margins and organic growth in our convenience activities, while being partly offset by the net negative impact of the translation of our foreign currency operations into US dollars of approximately $60.0 million.
Merchandise and service gross profit
In the first quarter of fiscal 2023, our merchandise and service gross profit was $1.4 billion, an increase of $0.8 million compared with the corresponding quarter of fiscal 2022. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $29.0 million. The remaining increase of approximately $30.0 million, or 2.1%, is primarily due to organic growth driven by pricing initiatives. Our gross margin1 decreased by 0.3% in the United States to 33.9%, while it increased by 0.5% in Europe and other regions to 38.9%, and by 0.8% in Canada to 33.1%.
Road transportation fuel gross profit
In the first quarter of fiscal 2023, our road transportation fuel gross profit was $1.4 billion, an increase of $285.0 million compared with the corresponding quarter of fiscal 2022. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $29.0 million. The remaining increase in our gross profit was approximately $314.0 million, or 27.1%. In the United States, our road transportation fuel gross margin1 was 49.00¢ per gallon, an increase of 12.25¢ per gallon, in Europe and other regions, our road transportation fuel gross margin1 was US 12.26¢ per liter, an increase of US 1.94¢ per liter, and in Canada, it was CA 14.04¢ per liter, an increase of CA 3.12¢ per liter. Fuel margins remained healthy throughout our network, due to favorable market conditions and the continued work on the optimization of our supply chain.
The road transportation fuel gross margin1 of our company-operated stores in the United States and the impact of expenses related to electronic payment modes for the last eight quarters, were as follows:
Generally, during normal economic cycles, road transportation fuel margins in the United States can be volatile from one quarter to another, while in Europe and other regions and in Canada, fuel margins and expenses related to electronic payment modes are not as volatile.
Other revenues gross profit
In the first quarter of fiscal 2023, other revenues gross profit was $35.4 million, a decrease of $3.0 million compared with the corresponding period of fiscal 2022. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $2.0 million.
For the first quarter of fiscal 2023, expenses increased by 9.4% compared with the corresponding period of fiscal 2022. Normalized growth of expenses1 was 7.3%, as shown in the table below:
For the first quarter of fiscal 2023, we have continued to deploy strategic efforts in order to mitigate the impact of a higher inflation level and continued pressure on wages, which is demonstrated by our normalized growth of expenses1 of 7.3%, which is below inflation, despite the challenging market conditions. The normalized growth of expenses1 in the first quarter was mainly driven by inflationary pressures, most notably on higher occupancy costs, higher costs from rising minimum wages, as well as by incremental investments in our stores to support our strategic initiatives partly offset by the impact of lower pressure in the employment market.
Earnings before interest, taxes, depreciation, amortization and impairment ("EBITDA1") and adjusted EBITDA1
During the first quarter of fiscal 2023, EBITDA stood at $1.5 billion, an increase of 10.6% compared with the corresponding quarter of fiscal 2022. Adjusted EBITDA for the first quarter of fiscal 2023 increased by $144.4 million, or 10.6%, compared with the corresponding quarter of fiscal 2022, mainly due to higher road transportation fuel margins, and organic growth in our convenience operations, partly offset by higher expenses. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $28.0 million.
For the first quarter of fiscal 2023, our depreciation expense increased by $4.9 million compared with the first quarter of fiscal 2022. The translation of our foreign currency operations into US dollars had a net favorable impact of approximately $9.0 million. The remaining increase of approximately $14.0 million, or 4.5%, is mainly driven by the replacement of equipment, the ongoing improvement of our network and the impact from investments made through acquisitions.
Net financial expenses for the first quarter of fiscal 2023 were $67.1 million, a decrease of $7.2 million compared with the corresponding period of fiscal 2022. A portion of the decrease is explained by certain items that are not considered indicative of future trends, as shown in the table below:
The remaining variation is mainly driven by the reduction of long-term debt compared with the corresponding period of fiscal 2022.
The income tax rate for the first quarter of fiscal 2023 was 21.9% compared with 21.3% for the corresponding quarter of fiscal 2022. The increase is mainly stemming from the impact of a different mix in our earnings across the various jurisdictions in which we operate.
Net earnings for the first quarter of fiscal 2023 were $872.4 million, compared with $764.4 million for the first quarter of the previous fiscal year, an increase of $108.0 million, or 14.1%. Diluted net earnings per share stood at $0.85, compared with $0.71 for the corresponding quarter of the previous fiscal year. The translation of revenues and expenses from our foreign currency operations into US dollars had a net negative impact of approximately $20.0 million on net earnings of the first quarter of fiscal 2023.
Adjusted net earnings for the first quarter of fiscal 2023 were approximately $875.0 million, compared with $758.0 million for the first quarter of fiscal 2022, an increase of $117.0 million, or 15.4%. Adjusted diluted net earnings per share were $0.85 for the first quarter of fiscal 2023, compared with $0.71 for the corresponding quarter of fiscal 2022, an increase of 19.7%.
During its August 30, 2022 meeting, the Board of Directors declared a quarterly dividend of CA 11.0¢ per share for the first quarter of fiscal 2023 to shareholders on record as at September 8, 2022, and approved its payment effective September 22, 2022. This is an eligible dividend within the meaning of the Income Tax Act (Canada).
To provide more information for evaluating the Corporation's performance, the financial information included in our financial documents contains certain data that are not performance measures under IFRS ("non-IFRS measures"), which are also calculated on an adjusted basis to exclude specific items. We believe that providing those non-IFRS measures is useful to management, investors, and analysts, as they provide additional information to measure the performance and financial position of the Corporation.
The following non-IFRS financial measures are used in our financial disclosures:
- Gross profit;
- Earnings before interest, taxes, depreciation, amortization and impairment ("EBITDA") and adjusted EBITDA;
- Adjusted net earnings; and
- Interest-bearing debt;
The following non-IFRS ratios are used in our financial disclosures:
- Merchandise and service gross margin and Road transportation fuel gross margin;
- Normalized growth of operating, selling, general and administrative expenses;
- Growth of same-store merchandise revenues for Europe and other regions;
- Adjusted diluted net earnings per share;
- Leverage ratio; and
- Return on equity and return on capital employed.
The following capital management measure is used in our financial disclosures:
- Net interest-bearing debt/total capitalization.
Supplementary financial measures are also used in our financial disclosures and those measures are described where they are presented.
Non-IFRS financial measures and ratios, as well as the capital management measure are mainly derived from the consolidated financial statements, but do not have standardized meanings prescribed by IFRS. These non-IFRS measures should not be considered in isolation or as a substitute for financial measures prepared in accordance with IFRS. In addition, our definitions of non-IFRS measures may differ from those of other public corporations. Any such modification or reformulation may be significant. These measures are also adjusted for the pro forma impact of our acquisitions and impacts of new accounting standards, if they are considered to be material.
Gross profit. Gross profit consists of revenues less the cost of sales, excluding depreciation, amortization and impairment. This measure is considered useful for evaluating the underlying performance of our operations.
The table below reconciles revenues and cost of sales, excluding depreciation, amortization and impairment, as per IFRS, to gross profit:
Please note that the same reconciliation applies in the determination of gross profit by category and by geography presented in the section "Summary Analysis of Consolidated Results".
Merchandise and service gross margin. Merchandise and service gross margin consists of Merchandise and service gross profit divided by Merchandise and service revenues, both measures are presented in the section ''Summary Analysis of Consolidated Results''. Merchandise and service gross margin is considered useful for evaluating how efficiently we generate gross profit by dollar of revenue.
Road transportation fuel gross margin. Road transportation fuel gross margin consists of Road transportation fuel gross profit divided by total volume of road transportation fuel sold. For the United States and Europe and other regions, both measures are presented in the section ''Summary Analysis of Consolidated Results''. For Canada, this measure is presented in functional currency and the table below reconciles, for road transportation fuel, Revenues and Cost of sales, excluding depreciation, amortization and impairment, as per IFRS, to gross profit and the resulting road transportation fuel gross margin. This measure is considered useful for evaluating how efficiently we generate gross profit by gallon or liter of road transportation fuel sold.
Normalized growth of operating, selling, general and administrative expenses ("normalized growth of expenses"). Normalized growth of expenses consists of the growth of Operating, selling, general and administrative expenses adjusted for the impact of the changes in our network, the impact of more volatile items over which we have limited control, as well as the impact from changes in accounting policies and adoption of accounting standards. This measure is considered useful for evaluating our ability to control our expenses on a comparable basis.
The tables below reconcile growth of Operating, selling, general and administrative expenses to normalized growth of expenses:
Growth of same-store merchandise revenues for Europe and other regions. Same-store merchandise revenues represent cumulated merchandise revenues between the current period and comparative period for those stores that were open for at least 23 days out of every 28-day period included in the reported periods. Merchandise revenues are defined as Merchandise and service revenues excluding service revenues. For Europe and other regions, the growth of same-store merchandise revenues is calculated based on constant currencies using the respective current period average exchange rate for both the current and corresponding period. In Europe and other regions, same-store merchandise revenues include same-store revenues from company-operated stores, CODO and DODO stores, as well as Asian corporate stores prior to their acquisition date of December 21, 2020. These last two items are not included in our consolidated results. This measure is considered useful for evaluating our ability to generate organic growth on a comparable basis in our overall European and other regions store network.
The tables below reconcile Merchandise and service revenues, as per IFRS, to same-store merchandise revenues for Europe and other regions and the resulting percentage of growth:
Earnings before interest, taxes, depreciation, amortization and impairment ("EBITDA") and adjusted EBITDA. EBITDA represents net earnings plus income taxes, net financial expenses, and depreciation, amortization and impairment. Adjusted EBITDA represents the EBITDA adjusted for acquisition costs and other specific items for which the impact on consolidated results is not deemed indicative of future trends. These performance measures are considered useful to facilitate the evaluation of our ongoing operations and our ability to generate cash flows to fund our cash requirements, including our capital expenditures program, share repurchases, and payment of dividends.
The table below reconciles net earnings, as per IFRS, to EBITDA and adjusted EBITDA:
Adjusted net earnings and adjusted diluted net earnings per share. Adjusted net earnings represents net earnings adjusted for net foreign exchange gains or losses, acquisition costs and other specific items for which the impact on consolidated results is not deemed indicative of future trends. These measures are considered useful for evaluating the underlying performance of our operations on a comparable basis.
The table below reconciles net earnings, as per IFRS, with adjusted net earnings and adjusted diluted net earnings per share:
Interest-bearing debt. This measure represents the sum of the following balance sheet accounts: Current portion of long-term debt, Long-term debt, Current portion of lease liabilities and Lease liabilities. This measure is considered useful to facilitate the understanding of our financial position in relation with financing obligations. The calculation of this measure of financial position is detailed in the ''Net interest-bearing debt/total capitalization'' section below.
Net interest-bearing debt/total capitalization. This measure represents the basis for monitoring our capital as well as a measure of financial condition that is especially used in financial circles.
The table below presents the calculation of this performance measure:
Leverage ratio. This measure represents a measure of financial condition that is especially used in financial circles.
The table below reconciles net interest-bearing debt and adjusted EBITDA, for which the calculation methodologies are described in other tables of this section, with the leverage ratio:
Return on equity. This measure is used to assess the relation between our profitability and our net assets. Average equity is calculated by taking the average of the opening and closing balance for the 52-week period.
The table below reconciles net earnings, as per IFRS, with the ratio of return on equity:
Return on capital employed. This measure is used to measure the relation between our profitability and capital efficiency. Earnings before interest and taxes ("EBIT") represents net earnings plus income taxes and net financial expenses. Capital employed represents total assets less short-term liabilities not bearing interest, which excludes the current portion of long-term debt and current portion of lease liabilities. Average capital employed is calculated by taking the average of the beginning and ending balance of capital employed for the 52-week period.
The table below reconciles net earnings, as per IFRS, to EBIT with the ratio of return on capital employed:
Couche-Tard is a global leader in convenience and fuel retail, operating in 24 countries and territories, with close to 14,100 stores, of which approximately 10,700 offer road transportation fuel. With its well-known Couche-Tard and Circle K banners, it is one of the largest independent convenience store operators in the United States and it is a leader in the convenience store industry and road transportation fuel retail in Canada, Scandinavia, the Baltics, as well as in Ireland. It also has an important presence in Poland and Hong Kong Special Administrative Region of the People's Republic of China. Approximately 122,000 people are employed throughout its network.
For more information on Alimentation Couche-Tard Inc., or to consult its audited annual Consolidated Financial Statements, unaudited interim condensed consolidated financial statements and Management Discussion and Analysis, please visit: https://corpo.couche-tard.com.
The statements set forth in this press release, which describes Couche-Tard's objectives, projections, estimates, expectations, or forecasts, may constitute forward-looking statements within the meaning of securities legislation. Positive or negative verbs such as "believe", "can", "shall", "intend", "expect", "estimate", "assume", and other related expressions are used to identify such statements. Couche-Tard would like to point out that, by their very nature, forward-looking statements involve risks and uncertainties such that its results, or the measures it adopts, could differ materially from those indicated in or underlying these statements, or could have an impact on the degree of realization of a particular projection. Major factors that may lead to a material difference between Couche-Tard's actual results and the projections or expectations set forth in the forward-looking statements include the effects of the integration of acquired businesses and the ability to achieve projected synergies, uncertainty related to the duration and severity of the current COVID-19 pandemic, fluctuations in margins on motor fuel sales, competition in the convenience store and retail motor fuel industries, exchange rate variations, and such other risks as described in detail from time to time in the reports filed by Couche-Tard with securities authorities in Canada and the United States. Unless otherwise required by applicable securities laws, Couche-Tard disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking information in this release is based on information available as of the date of the release.
Couche-Tard invites analysts known to the Corporation to ask their questions to its management on August 31, 2022, during the question and answer period of the webcast.
Financial Analysts, Investors, media and any individuals interested in listening to the webcast on Couche-Tard's results, which will take place online on August 31, 2022, at 8:00 A.M. (EDT) can do so by either accessing the Corporation's website at https://corpo.couche-tard.com/en and by clicking in the "Investors/Events & Presentations" section or by dialing 1-888-390-0549 or the international number 1-416-764-8682, followed by the access code 35419650#.
Rebroadcast: For individuals who will not be able to listen to the live webcast, a recording of the webcast will be available on the Corporation's website for a period of 90 days.
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SOURCE Alimentation Couche-Tard Inc. | https://www.kxii.com/prnewswire/2022/08/30/alimentation-couche-tard-announces-its-results-its-first-quarter-fiscal-year-2023/ | 2022-08-30T22:27:13Z |
- First Quarter 2022 Results Include GAAP Net Loss of $35.0 Million, Adjusted EBITDA of $99 Million, Diluted Loss Per Share of $0.47 and Adjusted Diluted Loss Per Share of $0.03, Exceeding Guidance Expectations by $0.09 Per Share
- Record 18-Month Backlog as of March 31, 2022 of $10.6 Billion, a 35% Increase Over the Same Quarter Last Year
- Continued Strong Balance Sheet with Ample Liquidity and Comfortable Leverage Metrics
- Annual 2022 Guidance Range Includes Revenue of $9.2 Billion, GAAP Net Income From $186 to $205 Million, Adjusted EBITDA of $850 to $875 Million, Diluted Earnings Per Share From $2.45 to $2.70 and Adjusted Diluted Earnings Per Share From $4.22 to $4.47
CORAL GABLES, Fla., May 5, 2022 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced 2022 first quarter financial results and updated its full year 2022 guidance range expectation to reflect anticipated 2022 project timing delays in its Clean Energy & Infrastructure and Oil & Gas segment operations.
First quarter 2022 revenue was up 10.1% to $1.95 billion, compared to $1.78 billion for the first quarter of 2021. GAAP net loss was $35.0 million, or $0.47 per diluted share, compared to net income of $66.1 million, or $0.89 per diluted share, in the first quarter of 2021. First quarter results include acquisition and integration costs of $13.6 million related to fourth quarter 2021 acquisitions.
First quarter 2022 adjusted net loss and adjusted diluted loss per share, both non-GAAP measures, were $2.0 million and $0.03, respectively, as compared to adjusted net income and adjusted diluted earnings per share of $82.0 million and $1.10, respectively, in the first quarter of 2021. First quarter 2022 adjusted EBITDA, also a non-GAAP measure, was $98.7 million, compared to $203.9 million in the first quarter of 2021. As expected, first quarter 2022 results reflect a significant decline in Oil & Gas segment revenue and operating results due to large project timing and regulatory delays. The Company's overall performance reflects the expected significant shift in 2022 operations to non-Oil & Gas segments, as evidenced by record first quarter backlog in the non-Oil & Gas segments as of March 31, 2022.
18-month backlog as of March 31, 2022 was a record $10.6 billion, up 35% compared to last year's first quarter backlog of $7.9 billion, and also represented a 7% sequential increase from the 2021 year-end backlog of $9.9 billion. Backlog as of March 31, 2022 was a record in all non-Oil & Gas segments for the first quarter comparable periods.
Adjusted net income, adjusted diluted earnings per share, and adjusted EBITDA, which are all non-GAAP measures, exclude certain items which are detailed and reconciled to the most comparable GAAP-reported measures in the attached Supplemental Disclosures and Reconciliation of Non-GAAP Disclosures.
Jose Mas, MasTec's Chief Executive Officer, commented, "As we have previously indicated, 2022 will mark an important transition year for MasTec, as our operations evolve to take advantage of end market growth opportunities across Communications, Clean Energy & Infrastructure and our recently expanded Power Delivery segments. Accordingly, we remain bullish on significant growth opportunities in 2023 and beyond. That said, our updated 2022 guidance range reflects project timing risks related to solar panel availability and a large Oil & Gas project restart that will move previously planned second half 2022 project activity into 2023."
Mr. Mas continued, "I'd like to once again thank the men and women of MasTec whose dedication to safety and efficient production are a key driving force to our success. We are pleased with the professionalism, dedication and expertise of the recently added Henkels & McCoy team members and remain very excited about multiple revenue growth synergies across our expanded geographic operations. In addition, we began and made good progress in our efforts to maximize efficiency through integration of our recent acquisitions."
George Pita, MasTec's Executive Vice President and Chief Financial Officer, noted, "We are pleased with our investment grade credit profile, strong balance sheet and ample liquidity, as we absorb over $1.5 billion in recent acquisition activity. We continue to believe that our end markets provide us significant opportunity for long-term revenue and margin growth in 2023 and beyond, and evidencing this belief, this year through the date of this release, we have repurchased approximately 680,000 of MasTec shares in the open market."
Based on the information available today, the Company is providing both second quarter and updating full year 2022 guidance. The Company currently expects full year 2022 revenue to approximate $9.2 billion. 2022 full year GAAP net income and diluted earnings per share are expected to range between $186 million to $205 million and $2.45 to $2.70, respectively. Full year 2022 adjusted EBITDA is expected to range between $850 million and $875 million, and adjusted diluted earnings per share is expected to range between $4.22 and $4.47.
For the second quarter of 2022, the Company expects revenue of approximately $2.2 billion. Second quarter 2022 GAAP net income is expected to approximate $17 million, with GAAP diluted earnings per share expected to be $0.22. Second quarter 2022 adjusted EBITDA is expected to approximate $177 million or 8.0% of revenue, with adjusted diluted earnings per share expected to be $0.72.
Management will hold a conference call to discuss these results on Friday, May 6, 2022 at 9:00 a.m. Eastern Time. The call-in number for the conference call is (313) 209-5140 or (800) 304-0389 and the replay phone number is (719) 457-0820 with a pass code of 8743064. The replay will be available for 30 days. Additionally, the call will be broadcast live over the Internet and can be accessed and replayed through the Investors section of the Company's website at www.mastec.com.
The following tables set forth the financial results for the periods ended March 31, 2022 and 2021:
The tables may contain slight summation differences due to rounding.
MasTec, Inc. is a leading infrastructure construction company operating mainly throughout North America across a range of industries. The Company's primary activities include the engineering, building, installation, maintenance and upgrade of communications, energy and utility and other infrastructure, such as: power delivery services, including transmission and distribution, wireless, wireline/fiber and customer fulfillment activities; power generation, primarily from clean energy and renewable sources; pipeline infrastructure, including natural gas pipeline and distribution infrastructure; heavy civil; and industrial infrastructure. MasTec's customers are primarily in these industries. The Company's corporate website is located at www.mastec.com. The Company's website should be considered as a recognized channel of distribution, and the Company may periodically post important, or supplemental, information regarding contracts, awards or other related news and webcasts on the Events & Presentations page in the Investors section therein.
This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act. These statements are based on currently available operating, financial, economic and other information, and are subject to a number of significant risks and uncertainties. A variety of factors, many of which are beyond our control, could cause actual future results to differ materially from those projected in the forward-looking statements. Specific factors that might cause such a difference include, but are not limited to: market conditions, technological developments, regulatory or policy changes, including permitting processes and tax incentives that affect us or our customers' industries; the effect of federal, local, state, foreign or tax legislation and other regulations affecting the industries we serve and related projects and expenditures; the effect on demand for our services of changes in the amount of capital expenditures by our customers due to, among other things, economic conditions, including the potential adverse effects of the COVID-19 pandemic on economic activity, including inflationary issues, supply chain disruptions and higher interest rates, climate-related matters, the availability and cost of financing, and customer consolidation in the industries we serve; activity in the industries we serve and the impact on our customers' expenditure levels caused by fluctuations in commodity prices, including for oil, natural gas, electricity and other energy sources; our ability to manage projects effectively and in accordance with our estimates, as well as our ability to accurately estimate the costs associated with our fixed price and other contracts, including any material changes in estimates for completion of projects and estimates of the recoverability of change orders; risks related to completed or potential acquisitions, including our ability to integrate acquired businesses within expected timeframes and to achieve the revenue, cost savings and earnings levels from such acquisitions at or above the levels projected, including the risk of potential asset impairment charges and write-downs of goodwill, as well as our ability to identify suitable acquisition or strategic investment opportunities; our ability to attract and retain qualified personnel, key management and skilled employees, including from acquired businesses, our ability to enforce any noncompetition agreements, and our ability to maintain a workforce based upon current and anticipated workloads; the timing and extent of fluctuations in operational, geographic and weather factors affecting our customers, projects and the industries in which we operate; the highly competitive nature of our industry and the ability of our customers, including our largest customers, to terminate or reduce the amount of work, or in some cases, the prices paid for services, on short or no notice under our contracts, and/or customer disputes related to our performance of services and the resolution of unapproved change orders; the effect of state and federal regulatory initiatives, including costs of compliance with existing and potential future safety and environmental requirements, including with respect to climate change; our dependence on a limited number of customers and our ability to replace non-recurring projects with new projects; risks associated with potential environmental issues and other hazards from our operations; disputes with, or failures of, our subcontractors to deliver agreed-upon supplies or services in a timely fashion, and the risk of being required to pay our subcontractors even if our customers do not pay us; risks related to our strategic arrangements, including our equity investments; any exposure resulting from system or information technology interruptions or data security breaches; any material changes in estimates for legal costs or case settlements or adverse determinations on any claim, lawsuit or proceeding; the adequacy of our insurance, legal and other reserves; the outcome of our plans for future operations, growth and services, including business development efforts, backlog, acquisitions and dispositions; fluctuations in fuel, maintenance, materials, labor and other costs; risks associated with volatility of our stock price or any dilution or stock price volatility that shareholders may experience in connection with shares we may issue as consideration for earn-out obligations or as purchase consideration in connection with past or future acquisitions, or as a result of other stock issuances; restrictions imposed by our credit facility, senior notes and any future loans or securities; our ability to obtain performance and surety bonds; risks related to our operations that employ a unionized workforce, including labor availability, productivity and relations, as well as risks associated with multiemployer union pension plans, including underfunding and withdrawal liabilities; risks associated with operating in or expanding into additional international markets, including risks from fluctuations in foreign currencies, foreign labor and general business conditions and risks from failure to comply with laws applicable to our foreign activities and/or governmental policy uncertainty; a small number of our existing shareholders have the ability to influence major corporate decisions; as well as other risks detailed in our filings with the Securities and Exchange Commission. We believe these forward-looking statements are reasonable; however, you should not place undue reliance on any forward-looking statements, which are based on current expectations. Furthermore, forward-looking statements speak only as of the date they are made. If any of these risks or uncertainties materialize, or if any of our underlying assumptions are incorrect, our actual results may differ significantly from the results that we express in, or imply by, any of our forward-looking statements. These and other risks are detailed in our filings with the Securities and Exchange Commission. We do not undertake any obligation to publicly update or revise these forward-looking statements after the date of this press release to reflect future events or circumstances, except as required by applicable law. We qualify any and all of our forward-looking statements by these cautionary factors.
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SOURCE MasTec, Inc. | https://www.wibw.com/prnewswire/2022/05/05/mastec-announces-first-quarter-2022-financial-results-with-record-backlog-updates-guidance-year/ | 2022-05-05T21:47:36Z |
Department of Labor & Industry officially recognizes modern method used by advanced builders like Apis Cor as a replacement for traditional CMU blocks
MELBOURNE, Fla. and HELENA, Mont., Aug. 16, 2022 /PRNewswire/ -- Building code regulators at the state level in Montana made history as the first to approve 3D-printed walls as an equal replacement for walls made with concrete masonry units (CMUs), or a standard cored concrete block.
The approval was granted to Tim Stark, a contractor based in Billings, Montana, after filing documents, specifications and testing reports developed by Apis Cor, the Florida-based construction technology company that holds the Guiness World Record for the largest (volume) 3D-printed building globally.
Apis Cor is the only construction company that has designed 3D-printed walls that comply with international building codes. Their 3D-printed walls and material have been tested by an independent, third-party lab in Boston, Massachusetts, and at the Civil and Environmental Engineering School of the University of Connecticut. The resulting specification was published by the National Fire Protection Association (NFPA).
The company has completed multiple pilot homes in the United States and in the United Arab Emirates.
General Contractor Tim Stark sought to get permission to use Apis Cor's 3D-printing process and equipment for a housing development project in Billings and in other areas of Montana, leveraging automation and materials to lower the cost of production. The cost of a finished home printed with an Apis Cor printer can be up to 30% less than traditionally built concrete block or wood-framed houses. In addition to cost reduction, developers who lease Apis Cor's portable, mobile 3D-printing equipment will dramatically increase their speed of production, to boost supply at a faster rate.
While housing prices nationwide have risen dramatically over the past few years, Montana was more affected than most interior states as residents left coastal cities seeking a higher quality of life and affordable living. Statewide, Montana's average home price increase was 23.8% in 2021 compared to the national average of 17.4%, according to the Federal Housing Finance Agency. Billings was in the Top 10 of the WSJ/Realtor.com Emerging Housing Markets Index and has seen a 32% increase in home prices from 2020 as demand outstrips supply.
Housing developers are eager to make up for two decades of underproduction that led to the housing crisis by increasing their output, but in many cases, red tape, excessive fees and exclusionary zoning policies can artificially cap the supply of housing. In the case of Montana, regulators are doing the opposite.
"In so many states, regulations are getting in the way of building more homes," said Tim Stark. "I'm proud of my home state of Montana for being so forward-thinking and leading the way with this approval of 3D printing as a modern construction method on par to CMU block construction, which opens the door instead of closing it."
The approval applies not just to single-family dwellings, like the kind that Stark has planned, but also for all types of construction that must follow the state building code. The code includes requirements for construction and construction materials to be consistent with accepted standards of design, engineering, and fire prevention practices, and to use technology that reduces cost of construction and promotes efficient use of energy use but still complies with health and safety standards.
"The need for safe, quality affordable housing is significant across Montana, and this approval puts Montana at the forefront of innovative housing construction technologies nationwide," said Commissioner of Labor & Industry Laurie Esau. "The Department will continue to work to ensure that our standards and regulations are keeping pace with the innovation taking place in the industry to help facilitate new construction for Montana's workers and families."
"This is exciting news for all home builders and of course the 3D-printed homes industry," said Apis Cor co-founder and CEO Anna Cheniuntai. "Having this clear support from the state of Montana paves the way for faster decisions at the county level, which will make it easier for developers to move forward on their 3D-printed housing projects. While the path is open in all states, Montana is taking a stand in advocating for the smooth approval process, thus opening up massive opportunities for efficiently produced housing."
About Apis Cor
Founded in 2016 by Nikita and Anna Cheniuntai, Apis Cor is an American technology corporation headquartered in Melbourne, Florida that develops advanced technologies and materials for construction 3D-printing. The company holds the Guinness Book World Record for the Largest 3D-Printed Building on Earth and is proud to be a resident of the Autodesk Technology Centers Outsight Network. A successful participant in NASA's "3D Printed Habitat Challenge" – Apis Cor was awarded top honors in several categories. Apis Cor is backed by Alchemist Accelerator, the premier accelerator for Enterprise startups, and At One Ventures, a VC and private equity firm which supports deep tech ventures that are a net positive to nature and the planet. Learn more about 3D-printing construction technology at: www.Apis-Cor.com.
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SOURCE Apis Cor | https://www.mysuncoast.com/prnewswire/2022/08/16/montana-becomes-first-state-give-broad-regulatory-approval-3d-printing-construction/ | 2022-08-16T16:37:05Z |
Momentum continues for end-to-end streaming and OTT solutions leader with the addition of Chief Experience Officer and Chief Technology Officer
NEW YORK, May 24, 2022 /PRNewswire/ -- ViewLift, a global leader in end-to-end streaming and OTT (over-the-top) solutions, announced today the recent promotions of Shraddha Pednekar to chief experience officer (CXO) and Sujith Vellat to chief technology officer (CTO).
"With more than 12 years of combined experience at ViewLift, both Shraddha and Sujith will be instrumental for ViewLift as we continue global market expansion," said Manik Bambha, co-founder and president at ViewLift. "Since Shraddha and Sujith joined the team years ago, I've seen the direct impact of their dedication to our customers and to improving our product offerings constantly. We have exceptional talent in these two, and I'm eager to watch them flourish in their new roles."
Pednekar began her career with ViewLift in 2014 as a project manager and has since leveled up to lead client onboarding with the company's largest clients in sports streaming, broadcasting and entertainment, and project management. As the company's first CXO, Pednekar will be responsible for managing all tech resources, while ensuring global project delivery and client satisfaction, focusing on strengthening ViewLift's end-to-end product and client engagement.
"I've always loved working in technology, but more importantly, I've loved seeing what technology has the power to do. In this case, ViewLift allows content owners to focus fully on creating exceptional content, while the back-end takes care of monetization and distribution," said Pednekar. "It has been an incredible experience growing alongside a company that I am so invested in and turning my passion for technology and customer delight into a career."
Since joining ViewLift in 2016, Vellat has executed a re-architecture of the platform, making it serverless and best of breed. As CTO at ViewLift, Vellat will be responsible for guiding the continued development and innovation of ViewLift's end-to-end streaming and OTT platform, enabling customers with advanced monetization, real-time analytics, growth tools and significantly reduced time to market.
For more information about ViewLift and its OTT solutions, visit www.viewlift.com.
About ViewLift:
ViewLift is a full-service digital content distribution platform empowering media companies, sports leagues and teams, broadcasters and others to monetize their content through native branded apps on major OTT devices including web, mobile, TV-connected devices, Smart TVs and gaming consoles. ViewLift operates across the digital ecosystem, understanding each device's unique requirements and best practices. ViewLift offers clients a range of monetization models on a proprietary platform with advanced analytics, tracking performance in real-time.
Media Contact:
Ashlea Alley
BLASTmedia for ViewLift
viewlift@blastmedia.com
317.806.1900
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SOURCE ViewLift | https://www.mysuncoast.com/prnewswire/2022/05/24/viewlift-expands-c-suite-leadership-promotes-shraddha-pednekar-sujith-vellat/ | 2022-05-24T12:55:42Z |
NEW YORK, June 17, 2022 /PRNewswire/ -- Roche Freedman LLP and Dontzin Nagy & Fleissig LLP filed a class action lawsuit on June 15, 2022 on behalf of investors in the crypto-asset "UST" against BAM Trading Services Inc. ("Binance U.S."), as well as Binance U.S.'s CEO Brian Shroder, alleging that Binance U.S. violated federal and state securities laws when it sold UST to investors beginning on or around April 13, 2022.
The lawsuit, brought in the U.S. District Court for the Northern District of California, alleges violations of Sections 5, 12(a)(1), and 15 of the 1933 Securities Act, Sections 5, 15(a)(1), 20, and 29(b) of the 1934 Securities Exchange Act, and Sections 25110, 25130, 25503, 2521, 25501.5(a), and 25504 of the California Securities Act, based on Binance's sale of UST, despite UST being a security, without any registration statement in effect and without registering as a securities exchange or broker-dealer. According to the lawsuit, these actions led to investors being wiped out when UST crashed in May 2022, losing essentially all of its $18 billion market capitalization over the span of a few days.
The lawsuit is thus brought on behalf of all persons or entities who purchased UST tokens on Binance U.S. from April 13, 2022, to the present. The action is captioned Jeffrey Lockhart v. BAM Trading Services Inc. and Brian Shroder, Case No. 53:22-cv-03461 (N.D. Cal.).
Binance U.S. is a Delaware company headquartered in Palo Alto, California. Mr. Shroder is a resident of California.
For investors who purchased UST securities on Binance U.S. during the Class Period, you are a member of this proposed Class and may be able to seek appointment as lead plaintiff, which is a court-appointed representative for the Class, by complying with the relevant provisions for the Private Securities Litigation Reform Act of 1995 (the "PSLRA"). See 15 U.S.C. § 78u-4(a)(2)(A)(i)-(vi); § 78u-4(a)(3)(A)(i)(II); § 77z-1(a)(2)(A)(i)-(vi); § 77z-1(a)(3)(A)(i)(II). If you wish to serve as lead plaintiff, you must move the Court no later than August 16, 2022. You need not seek to become a lead plaintiff in order to share in any possible recovery. You may retain counsel of your choice to represent you in this action.
For further inquiries regarding this matter, please contact Kyle Roche (kyle@rochefreedman.com) at 646-970-7509.
Founded in 2019, Roche Freedman LLP is a national law firm comprised of innovative and tech-savvy attorneys with stellar credentials. With experience from some of the most prestigious litigation firms in the country, RF's legal team has a successful and decades-long track record of consistently achieving outstanding results in high-stakes and notable disputes on behalf of sophisticated clients. RF's legal team has extensive experience litigating complex commercial, securities, antitrust, class action and derivative matters on behalf of both plaintiffs and defendants in a broad range of industries. RF couples a unique brand of creative thinking and technical expertise with well-balanced aggressive advocacy to achieve impressive results in complex, high-value, and class action matters. As the firm continues to grow, it has focused on building a diverse attorney pool with cross-functional expertise.
Founding Partner Kyle W. Roche is a recognized thought leader in the cryptocurrency arena and has published multiple articles on the intersection of cryptocurrency and law, including in the Wall Street Journal. He is a frequent speaker and lecturer on the topic, having guest-lectured at the Northwestern Pritzker School of Law and having served on the Keynote panel at Harvard Law School's Blockchain, Fintech, & the Law conference. Founding partner Ted Normand is RF's most experienced litigator and has both prosecuted and defended numerous complex cases under the federal securities and antitrust laws and in national class actions.
The firm's attorneys are currently litigating numerous cryptocurrency cases. RF has been appointed as lead counsel in the seminal cryptocurrency class actions, Leibowitz et al. v. iFinex Inc. et al., Case No. 1:19-cv-09236 (S.D.N.Y.), Clifford et al. v. Tron Foundation et al., Case No. 1:20-cv-02804 (S.D.N.Y.), Messieh & Lee v. HDR Global Trading Limited & Arthur Hayes et al., Case No. 1:20-cv-03232 (S.D.N.Y.), Valenti v. Dfinity Foundation et al., Case No. 3:21-cv-06118 (N.D. Cal.).
Based in New York, Dontzin Nagy & Fleissig LLP is an elite litigation boutique that regularly represents plaintiffs and defendants in high-stake trials in state and federal courts and arbitrations throughout the United States, as well as in jurisdictions around the globe. We are often retained by clients shortly before trial to help secure victory in their most important disputes. We are litigation generalists that do not specialize in any single practice area or discipline. Indeed, our attorneys have successfully represented clients in complex commercial matters involving securities, cryptocurrencies, class actions, mergers and acquisitions, corporate governance, RICO, patents, copyright, trade secrets, regulatory enforcement, and criminal defense, among other areas.
Partner Tibor L. Nagy is an experienced trial lawyer who as lead counsel has successfully tried numerous cases, including class claims, with hundreds of millions and even billions of dollars at stake. He has been recognized as an "Elite Boutique Trailblazer" by the National Law Journal, in Benchmark Litigation's "Under 40 Hot List," and as one of Crain's New York Business's "Notable Hispanic Leaders & Executives." Counsel Gregory N. Wolfe is a trial lawyer who has successfully represented plaintiffs and defendants in a variety of complex matters seeking hundreds of millions to billions of dollars in damages. The firm routinely represents companies, investors, and other individuals in cryptocurrency disputes and has been doing so for over half-a-decade—a lifetime in the world of cryptocurrency.
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SOURCE Roche Freedman LLP | https://www.wibw.com/prnewswire/2022/06/17/roche-freedman-llp-dontzin-nagy-amp-fleissig-llp-bring-class-action-lawsuit-against-binance-us-engaging-unlawful-sales-ust-investors/ | 2022-06-18T00:05:29Z |
- Cabin Awareness concept uses millimeter-wave radar to detect people and pets throughout the vehicle cabin
- Patent-pending concept introduced in prototype Toyota Sienna minivan and May Mobility Sienna AutonoMaaS shuttle
- Cabin Awareness technology could help prevent heatstroke deaths by alerting drivers about occupants left behind
PLANO, Texas, May 31, 2022 /PRNewswire/ -- Toyota Connected North America (TCNA), an independent software and innovation center of excellence, today introduced its Cabin Awareness concept technology that uses millimeter-wave, high-resolution 4D imaging radar to help detect occupants (including certain pets) in cars and has the potential to detect them if ever they're left behind.
The Cabin Awareness concept takes a unique approach to in-vehicle occupant detection using a 4D imaging radar sensor, mounted out of sight above a vehicle's headliner that can detect presence of a life form in the vehicle, even after a driver exits.
Specifically, the Cabin Awareness concept has the capability to sense micro movements, such as a heartbeat, motion and respiration of occupants across three full seating rows, the cargo area and footwells. It also classifies all occupants according to size, posture and position – supporting advanced safety applications. The platform provides robust sensing even if the occupant is covered with a blanket, a scenario which a passerby would be unable to see the occupant. It differs from other technologies on the market such as weight sensors, that can be prone to false alerts and mis-detects, cameras limited by blind spots or other radar systems with a limited range of passenger detection.
"Toyota Connected's talented software engineers and data scientists are leveraging cutting-edge technology to bring innovation and advanced technologies to customers' vehicles," said Zack Hicks, CEO and president, TCNA and executive vice president and chief digital officer, TMNA. "We are extremely proud of our efforts to take this idea from the drawing board to a full-blown concept, and, hopefully, developing a technology that has the potential to save lives."
Real-World Testing
While Cabin Awareness is currently a concept, the feature is getting a real-world trial through Toyota's partner May Mobility. The autonomous-vehicle company is testing the technology in its fleet of Toyota Sienna AutonoMaaS (Autonomous Mobility as a Service) minivans at its headquarters in Michigan and will soon begin testing in public AV deployments in Arlington, Texas, and Ann Arbor, Michigan, with additional deployments coming in late 2022. Recently, May Mobility announced that a portion of the fleet will be modified to become ADA-compliant and accommodate passengers in wheelchairs.
"May Mobility was founded with a mission of making roads safer through autonomous technology – and we've kept safety as our top priority as we've advanced our technology and worked with key strategic partners like Toyota," said Edwin Olson, CEO, May Mobility. "As we move closer to driver-out operations next year and continue to scale our global business with more public AV deployments, technology like the Cabin Awareness concept is essential for our riders."
In the future, one possible application for autonomous shuttles is alerting parents when their children complete a ride. Conversely, a shuttle may delay driving to its next stop if it senses someone is still in the vehicle upon reaching its destination.
"The key difference with this system is the improved resolution and accuracy, full-cabin detection and scope of functionality Cabin Awareness provides," said Simon Roberts, managing engineer, TCNA, who has spearheaded the development process. "With the precision of these sensors, we're designing Cabin Awareness with the aim of reducing false positives and false negatives."
Applying Technology to Alert Drivers
In 2021 in the U.S., 23 children died from heat stroke after being left in vehicles, according to the nonprofit Kids and Cars. On average, one in four children that die in a hot car obtained access to the car while it was unattended or not operational. Depending on the circumstances, the inside of a car can get up to 125° F in minutes even when outside temperature is as low as 60° F. Studies show children's body temperatures rise three to five times faster than adults. If left in a vehicle during the summer, the inside cabin temperature can reach dangerous levels in just 10 minutes.
"We are excited to explore and leverage new technologies, connected intelligence and existing safety platforms, with the ultimate goal of reducing child fatalities in hot cars. This Cabin Awareness concept has the potential to do exactly that," said Brian Kursar, chief technology officer, TCNA and group vice president, chief technology officer and chief data officer, Toyota Motor North America (TMNA). "I'm so proud of the Toyota Connected and TMNA's Connected Technologies teams for developing this concept and believe in the talent and dedication of our engineers."
As currently designed, the Cabin Awareness concept provides an array of warnings to help alert the driver (and potentially, passersby) to check the back of the vehicle if a living being is detected. First, a warning light signals on the instrument cluster. Then, the horn honks. Emergency lights flash. Following all the early warnings, the owner may get a notification on their phone through the Toyota app as well as text messages.
If programmed, Cabin Awareness could even send alerts through smart home devices or send text messages to designated emergency contacts assigned by the primary user. Further alert options include having Toyota's Safety Connect® emergency assistance system contact first responders through the integrated SOS vehicle function.
The team is continuing to explore additional notification alerts such as vehicle-to-vehicle (V2V) communications and the incorporation of smart infrastructure retail signage to further expand the reach of this alert.
Born from Innovation
The idea for Cabin Awareness was born in 2019 out of the inaugural Toyota Connected Hackathon, a 36-hour innovation event that challenged teams of software designers and engineers to ideate, develop and test real-world solutions. This winning idea quickly grew support following the Hackathon, allowing Roberts to assemble a team of engineers and further develop the technology.
The Cabin Awareness concept also allowed Toyota Connected to evaluate and develop hardware for the first time in addition to building innovative software systems and creating new processes. The Toyota Connected team evaluated millimeter-wave suppliers and began working with technology provider Vayyar Imaging's in-cabin monitoring platform.
Vayyar's high-resolution, single chip, 4D imaging radar is the only solution on the market that has the capability to monitor an entire vehicle cabin with a single sensor. The platform provides exceptionally dense point cloud imaging, enabling developers to independently develop a wide range of advanced applications and deploy them remotely using over-the-air software updates.
Inspired by Space Technology
Inspiration for the Cabin Awareness concept came from microwave radar technology created by NASA's Jet Propulsion Laboratory to support underground rescues after a 7.8-magnitude earthquake struck Nepal in 2015. In this application, NASA engineers and rescuers were able to detect human breathing and heartbeats under more than 30 feet of rubble, helping responders know where to dig holes.
"NASA's use of radar technology was inspiring," said Kursar. "The idea that you can listen to heartbeats using contact-less technology opens up new possibilities to give Toyota the potential to produce a service that is beneficial to the evolution of our in-vehicle services."
"The Cabin Awareness program is an innovation first for Toyota Connected and Toyota in so many ways," said Roberts. "The most important goal we're working on, though, is to build technologies that empower occupants and give them greater peace of mind."
About Toyota Connected, Inc.
Based in Plano, Texas, Toyota Connected North America (TCNA) was established in 2016 to drive Toyota's global efforts for an intelligent mobile society. With big data collected from vehicles and analyzed on a cloud platform, Toyota Connected humanizes the driving experience by providing customers secure, seamless and contextual services, elevating the customer experience while benefitting dealers, distributors, and partners. At the heart of TCNA is Toyota's belief in human-centered mobility and a fundamental commitment to personal privacy.
About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships.
Toyota directly employs more than 39,000 people in the U.S. who have contributed to the design, engineering, and assembly of nearly 32 million cars and trucks at our nine manufacturing plants. By 2025, Toyota's 10th plant in North Carolina will begin to manufacture automotive batteries for electrified vehicles. With more electrified vehicles on the road than any other automaker, a quarter of the company's 2021 U.S. sales were electrified.
To help inspire the next generation for a career in STEM-based fields, including mobility, Toyota launched its virtual education hub at www.TourToyota.com with an immersive experience and chance to virtually visit many of our U.S. manufacturing facilities. The hub also includes a series of free STEM-based lessons and curriculum through Toyota USA Foundation partners, virtual field trips and more. For more information about Toyota, visit www.ToyotaNewsroom.com.
About Vayyar
Vayyar's automotive-grade 4D imaging radar platform creates holistic safety solutions for in-cabin, ADAS and motorcycle safety. Powered by a single radar-on-chip, it delivers exceptional resolution across an ultra-wide field of view, enabling it to replace multiple existing single-function sensors. The platform provides comprehensive detection in and around the vehicle, simultaneously tracking multiple static and dynamic targets.
Inside the cabin, the 60 GHz configuration detects the presence, position and size of each occupant, classifying children and adults. This enables Child Presence Detection, enhanced Seat Belt Reminders, optimized airbag deployment, out-of-position alerts, intruder detection and more. Outside the car (or motorcycle), the 79 GHz system supports most SRR, MRR and LRR applications including parking assistance, Autonomous Emergency Braking, Lane Change Assist, Blind Spot Detection, Cross Traffic Alerts, Adaptive Cruise Control and more, with an effective range from 20cm to 300m. Vayyar technology is multifunctional, affordable and available for mass production. The radar-based platform is robust in all road conditions, while protecting user privacy at all times.
About May Mobility
May Mobility, established in Ann Arbor, Michigan in 2017, is building the world's best autonomy system. Their proprietary Multi-Policy Decision Making (MPDM) system is at the core of their mission to help make cities safer, greener, and more accessible. MPDM's proven track record has delivered more than 315,000 autonomy-enabled rides to date in several public transit applications across the U.S. and Japan. With key strategic partnerships including some of the world's most innovative automotive and transportation companies, such as Toyota Motor Corporation, May Mobility aims to achieve the highest standard in rider safety, sustainability, and transportation equity. For more information, visit www.maymobility.com.
Media Contacts:
Corey Proffitt
Corey.proffitt@toyotaconnected.com
Jacob Brown
Jacob.Brown@toyotaconnected.com
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SOURCE Toyota Connected North America | https://www.wibw.com/prnewswire/2022/05/31/toyota-connected-cabin-awareness-concept-uses-new-tech-detect-occupants/ | 2022-05-31T12:27:30Z |
Adds the fastest growing foodservice supply chain management software provider with a $35 billion network to drive further efficiency, collaboration, and transparency
WALTHAM, Mass., Aug. 3, 2022 /PRNewswire/ -- Buyers Edge Platform ("Buyers Edge"), a leading digital procurement platform with more than $20 billion in total foodservice spend under management, today announced the acquisition of ArrowStream, a leading provider of supply chain management Software-as-a-Service ("SaaS") to the foodservice industry.
Emerging from what has been one of the most challenging periods in foodservice history, distributors, suppliers, and operators are facing inflation, commodity shortages, climate change concerns, shifting consumer demand, and production delays. This backdrop has increased the need for data-driven technology solutions that can ease the pain, lower food costs, and improve margins.
ArrowStream's powerful software enables clients to proactively capitalize on data to improve their supply chain operations. ArrowStream's software addresses mission-critical challenges in brand protection, supply monitoring, profitability optimization, and sales growth enablement across the foodservice supply chain, leveraging a single, industry-wide data platform to provide unprecedented levels of transparency, control, and actionable insights. ArrowStream's market-leading supply chain technology connects over 1,200 distributor locations, 10,000 suppliers and 275 leading brands across 105,000 restaurant locations on a single platform for collaboration. Its restaurant client base includes well-known companies such as Shake Shack, QSCC, QDOBA Mexican Eats, Coffee & Bagel Brands, SUBWAY, FOCUS Brands, and International Dairy Queen.
"We are obsessed with bringing data intelligence to foodservice customers and partners to make their jobs easier and more successful," said John Davie, CEO of Buyers Edge Platform. "Adding ArrowStream's leading SaaS solutions expands our end-to-end product offering and enhances our visibility into our combined network. Together, we will bring data transparency, analytics, insights, savings, and operational efficiencies to address more customers' and partners' needs within an evolving foodservice landscape."
"ArrowStream has invested heavily in its people, products, and technology since Tailwind Capital acquired the business in December 2020. These growth initiatives have enhanced our cloud-based platform by providing real-time visibility and intelligence into the supply chain, which allows our customers to proactively make decisions to manage their businesses. Buyers Edge clearly recognized the value of the platform investments, the opportunity to further partner with our clients around innovation, and the talent of our team," said Raleigh McClayton, outgoing CEO of ArrowStream.
"This is a very exciting outcome for ArrowStream," said Jeff Dorr, President of ArrowStream, who will lead ArrowStream Software as a Buyers Edge platform company. "Our customers are our passion and aligning with Buyers Edge will further enable us to deliver maximum value to our customers throughout the foodservice supply chain. The strong combination of ArrowStream's foodservice cloud and Buyers Edge's data intelligence platform is perfectly positioned to address the growing needs of operators, multi-location brands, distributors, and manufacturers."
Buyers Edge Platform is a leading software, analytics and digital procurement company providing data-driven insights and technology to the foodservice industry. Buyers Edge Platform connects entities throughout foodservice and empowers them to run their businesses more efficiently by leveraging data and analytics. Buyers Edge Platform's mission is to leverage data intelligence, analytics, and software platforms to drive lower food costs and better economic outcomes for foodservice industry customers.
To learn more visit: www.BuyersEdgePlatform.com.
ArrowStream is a leading foodservice cloud platform for supply chain intelligence, with over 1,200 distributor locations, 10,000 suppliers, and 275 leading brands across 105,000 restaurant locations tightly integrated into a single global network of applications and industry data. ArrowStream provides unparalleled levels of transparency, control, and actionable insight to mitigate risks, streamline operations, protect the brand, and optimize profitability.
To learn more visit: www.arrowstream.com.
SOURCE: Buyers Edge Platform
Contact:
Ryan Gerding for Buyers Edge Platform
rgerding@inkincpr.com
913-602-8531
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SOURCE Buyers Edge Platform | https://www.kxii.com/prnewswire/2022/08/03/buyers-edge-platform-acquires-arrowstream-leading-saas-provider/ | 2022-08-03T15:16:25Z |
Portfolio comprises eight properties in the Northeast, Southeast, Texas and California, demonstrating the continued national demand for grocery-anchored assets
WASHINGTON, June 15, 2022 /PRNewswire/ -- JLL's Capital Markets group announced today that it has closed the $278.153 million sale of a portfolio comprising eight grocery-anchored retail properties totaling 687,000 square feet across affluent markets in Atlanta, Dallas, Detroit, Los Angeles, Minneapolis, Orange County, Philadelphia and Washington, D.C.
JLL represented the seller. Inland Real Estate Income Trust, Inc. purchased the asset.
The portfolio is 88.5 percent leased with a weighted average lease term of 6.3 years, with 36 percent of the total space designated as grocery square footage. Tenants include some of the top grocery chains in the U.S., including Ralphs, Target, Whole Foods Market, Giant, Trader Joe's and Sprouts Farmers Market, along with Nordstrom Rack, Starbucks, Rite Aid and Sierra Trading Post.
The portfolio consists of:
- Olde Ivy Village, 4330 East-West Connector, Smyrna, GA (Atlanta)
- Denton Village, 4930 Teasley Lane, Denton, TX (Dallas)
- Northpark Square Village, 27706-27776 McBean Pkwy., Valencia, CA (Los Angeles)
- Northville Park Place, 18771-39869 Traditions Dr., Northville, MI (Detroit)
- City Place, 205 Radio Dr., Woodbury, MN (Minneapolis)
- Rusty Leaf Plaza, 2512-2560 E. Chapman Ave., Orange, CA (Orange County)
- Lower Makefield Shopping Center, 700 Stony Hill Rd., Yardley, PA (Philadelphia)
- New Town Village, 9700 Groffs Mill Dr., Owings Mills, MD (Washington, D.C.)
These properties are surrounded by dense populations in affluent markets with the average household income within a three-mile radius exceeding $130,000.
The JLL Capital Markets team representing the seller was led by Managing Director Bill Moylan and Senior Managing Director and Co-Head of U.S. Retail Capital Markets Chris Angelone, along with Senior Managing Directors Barry Brown, James Galbally, Jim Hamilton and Geoff Tranchina and Managing Director Amy Sands.
"This trade is a terrific example of another high-quality grocery-anchored portfolio of scale trading in dense markets," Angelone said. "This portfolio provides geographic diversity, income diversity and tenancy diversity, and, although there is a little choppiness in the markets, we are seeing no slowdown in demand for well-located opportunities across the country."
The JLL Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The team's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources on JLL, please visit our newsroom.
About Inland Real Estate Income Trust, Inc.
Inland Real Estate Income Trust, Inc. was formed to acquire, directly or indirectly, a portfolio of commercial real estate located throughout the United States with a focus specifically on grocery-anchored retail assets. Inland Real Estate Income Trust, Inc. was sponsored by Inland Real Estate Investment Corporation. For more information, please visit inland-investments.com.
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion in 2021, operations in over 80 countries and a global workforce more than 100,000 as of March 31, 2022. For further information, visit jll.com.
Connect with us
https://www.linkedin.com/company/jll
https://www.facebook.com/jll
https://twitter.com/jll
https://www.instagram.com/jll
Contact: Kimberly Steele, JLL Sr. Manager, Public Relations
Phone: +1 713 852 3420
Email: Kimberly.Steele@am.jll.com
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SOURCE JLL | https://www.wibw.com/prnewswire/2022/06/15/jll-closes-27815m-sale-grocery-anchored-retail-portfolio/ | 2022-06-15T16:48:46Z |
Staffing leader proud to partner with Lundgaard and Rahal Letterman Lanigan Racing to drive home mission of connecting people and work
TACOMA, Wash., June 1, 2022 /PRNewswire/ -- As the official staffing partner of the 2022 NTT INDYCAR® SERIES, PeopleReady exemplified its mission of connecting people and work by staffing over 400 positions essential to running the Indy500 at the Indianapolis Motor Speedway this past weekend. Positions staffed included ticket takers, event support staff, concession workers, and bartender and barback positions.
"PeopleReady is committed to putting work and workforces within reach—helping Indianapolis Motor Speedway staff up ahead of the Indy500 was an opportunity to do just that," said Patrick Beharelle, CEO of TrueBlue, the parent company of PeopleReady. "We are driven by our mission to make a difference in our communities and look forward to continuing to be a force for good as the INDYCAR series and our partnership with them continues."
In addition to helping staff up for the big race, PeopleReady is hosting the PeopleReady Force for Good Challenge, a partnership between PeopleReady and INDYCAR, all season long. The challenge gives drivers and their teams the chance to win $1 million to be split between themselves and a charity of their choice.
PeopleReady is also offering $10,000 to the winner of each race this season, with a special one-time prize of $20,000 to Marcus Ericsson, winner of the Indy500, also to be split with his selected charity, St. Jude Children's Research Hospital. This season, PeopleReady is the primary sponsor of Rahal Letterman Lanigan (RLL) Racing's rookie of the year candidate Christian Lundgaard.
PeopleReady has a variety of ways for job seekers to access job opportunities via app (JobStack) and online (jobs.peopleready.com).
About PeopleReady
PeopleReady, a TrueBlue company (NYSE: TBI), specializes in quick and reliable on-demand labor and highly skilled workers. PeopleReady supports a wide range of blue-collar industries, including construction, manufacturing and logistics, waste and recycling, and hospitality. Leveraging its game-changing JobStack platform and 600-plus branch offices across all 50 states, Puerto Rico and Canada, PeopleReady served approximately 94,000 businesses and put approximately 220,000 people to work in 2021. Learn more at www.peopleready.com.
Media Contact
Caroline Sabetti
Chief Marketing Officer, PeopleReady and PeopleScout
& Senior Vice President of TrueBlue Communications
csabetti@trueblue.com
312.560.9173
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SOURCE PeopleReady | https://www.wibw.com/prnewswire/2022/06/01/peopleready-primary-sponsor-driver-christian-lundgaard-staffed-indy500/ | 2022-06-01T20:27:25Z |
Platinum sustainability rating places company in top 1% of all companies measured
FORT MILL, S.C., May 3, 2022 /PRNewswire/ -- Nation Ford Chemical (NFC) has been recognized by achieving a Platinum sustainability rating from EcoVadis, the world's largest and most trusted provider of business sustainability ratings.
The platinum rating is the highest rating offered and is only achieved by 1% of companies assessed through the program. Nation Ford Chemical has been manufacturing specialty chemicals for nearly 45 years with a sustained commitment to the environment, employees, and community. These efforts paved the way for the company to achieve this prestigious certification.
Nation Ford Chemical has earned numerous third-party certifications in environmental, health, safety, quality, and now sustainability. "To have achieved the highest rating offered on our first assessment speaks volumes to the commitment of the company to act responsibly regarding social and environmental concerns," said Nation Ford Chemical COO, Phillip McCarter. "NFC was able to achieve this rating based on our existing operating practices, which confirms to the company's stakeholders that corporate social responsibility is part of our standard business operations."
EcoVadis, a global sustainability rating agency, assessed the company on the 21 criterial categories under four key themes - environment, labor and human rights, ethics, and sustainable procurement. The evaluation is based on policies, actions, and results, including public information. Nation Ford Chemical performed well above average in all four of the categories evaluated.
About Nation Ford Chemical
Founded in 1978, Nation Ford Chemical is one of America's most respected custom manufacturers of specialty organic chemicals. NFC's products, including Sulfanilic Acid (CAS#121-57-3) and PANA (N-Phenyl-1-naphthylamine, CAS#90-30-2), are sold worldwide through offices in the United States, Europe, China, and Japan. Nation Ford Chemical is also North America's leading distributor of aniline. NFC has a diverse background in toll manufacturing custom chemicals with production at our 27-acre site in Fort Mill, South Carolina, USA. For more information, visit www.nationfordchem.com.
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SOURCE Nation Ford Chemical | https://www.mysuncoast.com/prnewswire/2022/05/03/nation-ford-chemical-achieves-platinum-ecovadis-certification/ | 2022-05-03T16:49:46Z |
Healthtech Leader Brings Decades of Experience to Help Advance AI Diagnostics
CORALVILLE, Iowa, Aug. 11, 2022 /PRNewswire/ -- Today, Digital Diagnostics – creator of IDx-DR, the first-ever FDA De Novo cleared, fully autonomous AI system for the diagnosis of diabetic retinopathy, - welcomes Chris Meenan as Chief Technology Officer. Meenan joins the executive leadership team with a commitment to improving health equity and care quality through technology in the medical diagnosis and treatment process that is free of racial and ethnic bias.
"I am excited to join a company whose priorities of providing access to care, fostering positive corporate culture, and prioritizing core behaviors align with my own values," said Meenan. "The impressive technology designed by the company was one factor that attracted me to Digital Diagnostics, but its ethical foundation, commitment to scientific validation, and the people behind the tech were a huge draw as well."
Meenan comes to Digital Diagnostics with more than 20 years of experience in healthcare imaging informatics. He is the former CEO and Co-Founder of Analytical Informatics (Analytical.info), an award-winning health analytics start-up. Most recently, Meenan was the Global Head of Product and Strategy for Data Management and Interoperability for Philips Healthcare. He previously served in roles at The University of Maryland School of Medicine in technology, including Associate Vice Chair of Clinical Informatics within the Department of Diagnostic Radiology and Nuclear Medicine and the Director, Enterprise Data Integration and Solutions Architecture.
Meenan is well recognized across the healthcare technology space for his technical expertise, previously serving as the Chairman for the American Board of Imaging Informatics. Recently, he was also named a Fellow of the Society of Imaging Informatics in Medicine.
"I am pleased to welcome Chris to the Digital Diagnostics leadership team," said Digital Diagnostics' CEO, John Bertrand. "His expertise, innovation, and leadership in the healthtech space will continue to advance the work we are doing to transform the affordability, accessibility, equity, and quality of patient care. I look forward to working alongside him as we continue paving the path for healthcare AI."
"Digital Diagnostics is changing the healthcare industry for the better through cutting-edge technology, which is really exciting," said Meenan. "I look forward to advancing digital health innovation with the incredibly talented individuals on my team."
Digital Diagnostics also recently promoted seasoned Digital Diagnostics leader, Sarah Tibesar to Chief Experience Officer, and welcomed Chief Legal and Compliance Officer, Luke Miller. These personnel changes come on the heels of CEO, John Bertrand, and President and COO, Seth Rainford, being named Co-Founders of Digital Diagnostics by its founder, in recognition of their leadership and vision for the advancement of healthcare AI. To learn more about the executive leadership team at Digital Diagnostics, please visit digitaldiagnostics.com/about/leadership/
About Digital Diagnostics Inc.
Digital Diagnostics Inc. is a pioneering AI diagnostics company on a mission to transform the quality, accessibility, equity, and affordability of global healthcare through the application of technology in the medical diagnosis and treatment process. The company, originally founded by Michael Abramoff, MD, PhD, a neuroscientist, practicing fellowship-trained retina specialist, and computer engineer, is led by him and co-founders John Bertrand and Seth Rainford.
Digital Diagnostics is paving the way for autonomous and assistive AI technology that is free of bias to become a new standard of care, contributing to democratizing healthcare and closing care gaps. The company works closely with patient advocacy groups, provider organizations, regulators, and other quality of care and ethics-focused stakeholders to enable the adoption of healthcare AI. For more information and the latest news follow: https://digitaldiagnostics.com/
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SOURCE Digital Diagnostics | https://www.wibw.com/prnewswire/2022/08/11/digital-diagnostics-names-chris-meenan-chief-technology-officer/ | 2022-08-11T13:51:43Z |
Cross-Asset Functionality Key Driver of Growth
LONDON, July 28, 2022 /PRNewswire/ -- CloudMargin, creator of the world's first and only collateral and margin management solution native to the cloud, announced today a number of significant achievements over the quarter ended June 30, including adding seven new bank clients globally, further enhancing the ability to centralise data and optimise collateral via the CloudMargin platform, and hiring a key new member of the sales team in Europe.
The strong growth in bank clients comes on the heels of the company's best revenue year in the firm's history, for the fiscal year ending March 31. The CloudMargin user base grew 45% from April 2021 through March 2022 and 25% more by the end of June. The majority of these users have been at large regional banks and buy-side firms.
With a backdrop of rising inflation and challenging market conditions, banks are increasingly turning to CloudMargin to drive increased operating efficiency via a single collateral process across all traded products. The platform provides banks with a consolidated view of their obligations, along with an enterprise-wide view of their inventory and associated eligibility to meet collateral obligations, giving them the capability to optimise their collateral allocation and funding across the entirety of the business.
CloudMargin CEO Stuart Connolly said: "In today's volatile markets, banks are looking for centralisation of their collateral pools and a singular approach to optimisation, across asset classes. As we have increased our capabilities for the sell side and regional banks over the past few years – in addition to our long-standing service to the buy side – we're very pleased to be a go-to resource for banks large and small as they seek to drive financial efficiencies by breaking down the traditional bifurcated approach to collateralisation. Our new fiscal year is off to a very strong start following our best year to date, and we look forward to continuing to grow in all regions as the year progresses."
CloudMargin has also added Michelle Burridge to its sales team in Europe. Burridge, who has extensive experience in securities finance, joined from FIS, where for seven years she served as a Senior Business Analyst for its Apex securities finance arm.
David White, CloudMargin Chief Commercial Officer, said: "Michelle's hire is another key step in our strategy to broaden our expertise alongside the development and build-out of our product."
Continuation of the firm's growth is also expected as a steady stream of firms will breach Initial Margin (IM) exposure thresholds and be required to make operational and technology changes to comply with the Uncleared Margin Rules (UMR) in future years. From a recent poll the firm conducted, 52% of the participants stated they were likely to be "slow to breach" the IM threshold but likely to do so at some point in the future (i.e., one to two years). Another 27% indicated they expected to be "quick to breach" the threshold (i.e., under a year).
In addition to product enhancements, CloudMargin also recently established a connection with the triparty services from BNP Paribas Securities Services, adding to its list of 60+ custodians and triparty agents that already connect to the platform. Approximately 40% of all CloudMargin clients in scope for UMR are using the firm's triparty and custodian SWIFT services.
The CloudMargin platform powers the industry, not only through the firm's direct and growing client base but through strategic partnerships the company has forged with leading industry infrastructure providers, including Acadia, Finastra and IHS Markit (now part of S&P Global).
About CloudMargin
Headquartered in London, CloudMargin created the world's first cloud-based collateral management workflow tool, which has earned more than 20 industry awards and honours since 2015 for innovation and best-in-class technology. The firm's Software-as-a-Service (SaaS) model helps leading sell-side and buy-side financial institutions globally – including banks, brokerage and asset management firms, pension funds and insurance companies meet time-critical regulatory deadlines and reduce dramatically growing costs associated with collateral requirements. CloudMargin delivers its robust, secure platform directly as well as through outsourcers and major industry service providers. Partner to and owned by the market, CloudMargin's strategic investors include Deutsche Bank, Citi, Deutsche Börse, IHS Markit and Jefferies, as well as venture capital firm Illuminate Financial. CloudMargin was the first collateral management solution provider to be a member of the SWIFT network, facilitating straight-through processing through settlement. For more information, visit www.cloudmargin.com.
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SOURCE CloudMargin | https://www.wibw.com/prnewswire/2022/07/28/cloudmargin-signs-seven-new-bank-clients-last-quarter/ | 2022-07-28T11:29:37Z |
IRVING, Texas, June 27, 2022 /PRNewswire/ -- The chill is on this summer as 7-Eleven, Inc.'s signature community outreach program, Operation Chill®, returns for its 27th consecutive year. The Operation Chill program presents local law enforcement agencies an opportunity to make positive connections with their community's youth through FREE Slurpee® drink coupons.
This year, 7-Eleven will issue more than 650,000 coupons to more than 1,200 participating law enforcement agencies that will, in turn, be rewarded to children in their local communities seen observing safety rules, participating in positive activities, or performing good deeds and acts of kindness. Each coupon can be redeemed for one FREE small Slurpee drink at participating 7-Eleven® stores. Although the reasons for being rewarded vary – wearing a helmet while riding a bike, picking up litter, helping a neighbor or holding the door open – the result is the same: a FREE Slurpee drink and encouragement for being a great citizen. What's more, this summer, kids can use their coupon for new Slurpee flavors including Mango Lemonade.
"It's no surprise that Operation Chill continues to be our most popular community engagement program. Through a simple Slurpee coupon, officers can easily connect and engage with their local youth, helping to build long-term positive relationships," said 7-Eleven President and CEO Joe DePinto. "With more law enforcement agencies participating in the program than ever before, we're thrilled to create more positive interactions and memories between officers and youth this summer."
Last year, the Operation Chill program was completely reimagined into an innovative, digital experience, complete with the launch of a new website, where law enforcement agencies can easily register online, request Slurpee drink coupons, and access best practices, tools and tips for making Operation Chill a success in their local communities. Also, the Operation Chill logo and corresponding social media assets were updated, ensuring that the program continues to remain fresh, fun, and engaging for the next generation of youth. As a result of the reimagination, 300 more law enforcement agencies participated than in previous years, and coupon redemptions increased 70 percent.
"The relationship between law enforcement and the people we serve, especially our youth, is vital to effective community policing," said Chief Eddie Garcia of the Dallas Police Department. "It is important for this department to build a strong relationship with our youth across the city. Not only does this program give us the opportunity to thank our kids and teens for good deeds in our community, but it helps us to build a positive foundation with them and leads to a stronger and safer Dallas."
The Operation Chill program was founded in Philadelphia with a goal to give law enforcement officers a positive way to interact with children and teens. Since its inception in 1995, Operation Chill has expanded to hundreds of cities across the country, donating more than 24 million coupons to U.S. law enforcement agencies in 7-Eleven communities.
About 7–Eleven, Inc.
7–Eleven, Inc. is the premier name in the convenience-retailing industry. Based in Irving, Texas, 7–Eleven operates, franchises and/or licenses more than 14,000 stores in the U.S. and Canada. In addition to 7–Eleven stores, 7–Eleven, Inc. operates and franchises Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits locations. Known for its iconic brands such as Slurpee®, Big Bite® and Big Gulp®, 7–Eleven has expanded into high-quality sandwiches, salads, side dishes, cut fruit and protein boxes, as well as pizza, chicken wings and mini beef tacos. 7–Eleven offers customers industry-leading private brand products under the 7-Select™ brand including healthy options, decadent treats and everyday favorites at an outstanding value. Customers can earn and redeem points on various items in stores nationwide through its 7Rewards® loyalty program with more than 50 million members, place an order in the 7NOW® delivery app in over 2,000 cities, or rely on 7–Eleven for bill payment service, self-service lockers and other convenient services. Find out more online at www.7–Eleven.com.
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SOURCE 7-Eleven, Inc. | https://www.wibw.com/prnewswire/2022/06/27/7-elevens-operation-chill-program-returns-27th-consecutive-year/ | 2022-06-27T16:58:22Z |
Global menstrual health and hygiene programs benefitted 8.7 million people in 2021
DALLAS, May 27, 2022 /PRNewswire/ -- Globally, more than 800 million women and girls are stigmatized, excluded and discriminated against simply because they menstruate. An additional 500 million lack access to basic period products and facilities needed for menstrual hygiene management.
As a result, these women and girls end up missing school and work, and they often become the target of gender-based violence due to misunderstanding and stigma.
"At Kimberly-Clark, we believe a period should never stand in the way of a woman's progress – a belief that started with the founding of Kotex® more than 100 years ago and continues to this day," said Alison Lewis, Chief Growth Officer for Kimberly-Clark. "Our purpose to provide 'Better Care for a Better World' resonates clearly in our support of Menstrual Hygiene Day and our ongoing work to champion the progress of women, fight period stigmas through education, and promote greater access to menstrual hygiene products. We are incredibly proud of the work we've done and are dedicated to the hard work still ahead."
Kimberly-Clark and its Kotex® brand are committed to challenging period perceptions and addressing stigmas around the world with women, men, girls and boys. Part of this commitment is the annual collaboration with WASH United to sponsor Menstrual Hygiene Day on Saturday, May 28, 2022, with a shared focus of making menstruation a normal fact of life by 2030.
"The WASH United partnership for Menstrual Hygiene Day is an ongoing and impactful campaign that Kimberly-Clark teams from around the world look forward to and rally behind," said Juanita Pelaez, Vice President of Kimberly-Clark's Global Adult and Feminine Care Brands. "Working with global partners such as WASH United, we are able to leverage the power of our brands to make a meaningful impact on the lives of millions of women and girls."
To date, Kimberly-Clark, Kotex®, the Kimberly-Clark Foundation, and various non-profit collaborators have made tremendous strides to elevate menstrual health and hygiene around the world.
Promoting a Global Conversation about Periods
Normalizing periods starts by promoting a global conversation around the need for education and the stigmas surrounding menstruation, and Kimberly-Clark's brand teams are delivering against this objective in a variety of ways that directly engage consumers.
In Brazil, Kimberly-Clark and Plan International partnered on a campaign to create highway signs, social media content and other media touchpoints to bring awareness to period stigmas, ultimately reaching hundreds of thousands of people in the city of Teresina.
Kotex® Taiwan invited 2020 Tokyo Olympic Gold Medalist Kuo Hsing-chun, current world record holder in the women's weightlifting category, to share her period stories with young college students – both women and men – to ignite healthy and open conversations around periods among the younger generation.
In South Africa, Kimberly-Clark's Kotex® brand partnered with well-known music artist and megastar Boity Thulo to invite South Africans to submit lyrics addressing period stigma. With more than 500 lines of lyrics submitted by both women and men, the 'She Can Anthem' hit the #19 spot on South Africa's music charts.
"Period stigma is not a new problem, but we must continue to bring new solutions to solving it," said Morne Van Emmenes M, Marketing Director for Kimberly-Clark South Africa. "With this campaign, we showed the value of experimenting with new ideas to integrate menstrual hygiene education into pop culture in a way that would reach a wide and diverse audience. Boity Thulo was an enthusiastic and supportive collaborator who was instrumental in our success in reaching both women and men."
Championing Her Progress
Since its launch in 2020, the Kotex® She Can initiative has worked to champion women's progress by fighting the barriers caused by period stigmas, promoting access to education in schools and communities, and by helping to open doors so women gain equal opportunity.
This year, the She Can initiative is launching a new partnership with Girl Up in Chile and Argentina. This partnership supports Girl Up's work as a global leadership development initiative that positions girls to serve as leaders in the movement for gender equality.
"At Girl Up, our mission is to advance girls' skills, rights, and opportunities to be leaders," said Melissa Kilby, Executive Director of Girl Up. "Around the world, access to menstrual hygiene and products is a barrier for girls to attend school and become leaders. We're excited to partner with Kotex® and the Kimberly-Clark Foundation to help remove those barriers and help more girls achieve their full potential."
Together, Girl Up and the Kimberly-Clark Foundation will provide leadership training and tools for participants to become gender equality advocates and activists for education around period poverty and period stigma. Through the partnership with Girl Up, Kimberly-Clark expects to positively impact more than 80,000 lives over the next three years.
"Unlocking doors for women requires all of us to share our voices and advocate for the women and girls in our lives," said Jenny Lewis, Vice President of the Kimberly-Clark Foundation. "Our work is critical to creating a more equitable world for women and girls. Because when women thrive, we all thrive."
Making a Positive Social Impact Through Education
Around the world, the Kotex® She Can initiative provides compelling educational resources that help girls, boys and parents understand period basics and abolish period stigma before it starts.
In 2021, the cumulative impact of Kimberly-Clark's various social impact programs reached more than 8.7 million women, girls, men and boys, and focused on menstrual health management.
Included in last year's social impact were eight projects supported by the Kimberly-Clark Foundation and Plan International that focused on creating a learning environment where women and girls have the confidence, knowledge, skills, materials and facilities necessary to overcome the persistent barriers to menstrual health education. These efforts led to a positive impact for over one million people in eight countries including Brazil, China, Colombia, Guatemala, India, Nigeria, Peru and Vietnam.
Building on consumer insights, the Kotex® She Can initiative created innovative new ways to deliver menstrual hygiene education, including a collaboration with popular YouTube and Instagram influencer Simone Giertz to help young women demystify the menstrual cycle in her trademark style that blends education and humor.
Addressing Access to Products and Sanitation
Access to menstrual hygiene products, as well as period-friendly sanitation facilities, remain a significant challenge for millions of women and girls each day.
"It's not enough to strive for awareness – we must fight for access to menstrual hygiene products if we have any chance of making a real impact for the countless women and girls in need of support," said Mustafa Kudrati, Plan International USA President & CEO. "The COVID-19 pandemic was a temporary roadblock to our success, but I'm proud to say we worked together to pivot our approach and deliver the critical everyday necessities needed by women and girls – not just menstrual hygiene products, but soap, water and food as well."
In fact, roughly one in three women in the U.S. struggles to afford period products. In response, Kimberly-Clark and its U by Kotex® brand became the founding sponsor of the Alliance for Period Supplies (APS) in 2018, and since then, they have donated more than 50 million period products through APS to women in need.
Additionally, one in five students in the U.S. struggle to afford period products, and report missing classes due to a lack of access to period products. This year, U by Kotex® provided additional funding to APS to administer a series of grants in the U.S. focused on advancing efforts in schools and benefitting school-aged girls. Recipients include Sisters on the Street for its work to provide free menstrual products in female and all-gender restrooms across its three existing partner high schools in Southern California, and Giving the Basics Wichita to advance its distribution efforts of period supply products to more than 51,000 people monthly and 130+ schools in Kansas.
To further address access to period products for students, Thinx, Inc. will donate 10,000 pairs of reusable period underwear for teens to APS. Thinx is the leader in the reusable period and incontinence underwear category, and Kimberly-Clark announced a majority investment in the company earlier this year.
"Period poverty is a solvable issue. By prioritizing menstrual equity, we're recognizing that access to period products should no longer be a barrier to an education, and through this donation, we're making a positive impact for thousands of young people who want to focus on school and activities that help them reach their full potential," said Meghan Davis, Chief Executive Officer of Thinx, Inc. "Sustainable menstrual equity is a key mission of Thinx, and we're proud to join with Kimberly-Clark and the Alliance for Period Supplies in the fight to eliminate period poverty in the United States."
Around the world, Kimberly-Clark's brand teams are working at the local level to improve access to products. Across Australia and New Zealand, Kimberly-Clark has developed and distributed resource kits and Kotex® product samples to educate students about menstrual health. In Korea, Kimberly-Clark has donated more than one million menstrual health products to low-income women and girls since 2016.
Educating Men about Periods is Key to Unlocking Equity
To unlock doors and build a better world for women and girls, Kimberly-Clark and its brands are working in innovative ways to build advocates among men to address period stigmas by educating men and boys about menstrual hygiene management.
A recent campaign in Vietnam, supported by the Kimberly-Clark Foundation in partnership with Plan International, reached more than 81,000 men through campaigns including the "Confident Puberty" initiative. Adolescents, fathers and community members were educated through a series of outreach programs to help promote education around menstrual health management, creating a stronger culture of acceptance for women and girls.
In India, the Kimberly-Clark Foundation supported educational activities led by Plan International that reached thousands of adolescents with menstruation information, and more than 30 percent of participants were male.
"It is not just the job of women to educate on the importance of menstrual hygiene and health, nor should women and girls be the only focus of educational efforts," added Pelaez. "Men and boys need equal education to ensure we're creating a world in which people who menstruate aren't stigmatized or treated any differently. Menstruation is a component of everyday life and should not have to be hidden away."
A unique partnership in Korea led the Kotex® brand to collaboration with the Korea Consumer Agency and the Korean Health Teachers Association on consumer education to move beyond teenage girls to educate their male peers and parents. This collaboration includes in-school programs as well as gift packages and educational materials to celebrate a girl's first period.
Normalizing Periods by 2030
In commemoration of Menstrual Hygiene Day, Kimberly-Clark is partnering with WASH United and encouraging employees, partners, consumers and customers to show support by wearing the annual Menstrual Hygiene Day Menstruation Bracelet that's available via digital and social assets or printable paper versions.
The bracelet is made of 28 elements, with five of them red, representing the menstrual cycle.
"By wearing the Menstruation Bracelet or posting the digital and social assets, everyone can show that periods are nothing to hide and help push back taboos and stigma, one bracelet at a time," said Thorsten Kiefer, Co-Founder and CEO of WASH United. "It's time to normalize menstruation and by doing so help millions of women and girls to reach their full potential. Menstrual Hygiene Day and Kotex® are committed to ending period stigma. Are you with us?"
About Kimberly-Clark
Kimberly-Clark (NYSE: KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenuity, creativity, and an understanding of people's most essential needs, we create products that help individuals experience more of what's important to them. Our portfolio of brands, including Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Neve, Plenitud, Sweety, Softex, Viva and WypAll, hold the No. 1 or No. 2 share position in 80 countries. We use sustainable practices that support a healthy planet, build stronger communities, and ensure our business thrives for decades to come. To keep up with the latest news and to learn more about the company's 150-year history of innovation, visit kimberly-clark.com.
About WASH United
A unique crossbreed between an advocacy NGO and a creative agency, WASH United works to build a world in which all people benefit from safe drinking water, sanitation and hygiene (WASH), including menstrual hygiene. Our focus is on innovative solutions for advocacy and education. WASH United is behind Menstrual Hygiene Day, the global campaign to end period stigma.
About Plan International USA
Powered by supporters, Plan International USA partners with adolescent girls, young women and children around the world to overcome oppression and gender inequality, providing the support and resources that are unique to their needs and the needs of their communities, ensuring they achieve their full potential with dignity, opportunity and safety. Founded in 1937, Plan is an independent development and humanitarian organization that is active in 78 countries. For more information, and to learn about our commitment to safeguarding, please visit www.PlanUSA.org.
About Girl Up
Girl Up is a movement to advance girls' skills, rights, and opportunities to be leaders. Founded by the United Nations Foundation in 2010, Girl Up's leadership development programs have impacted 125,000 girls through 5,600 Clubs in 130 countries and all 50 U.S. states, inspiring a generation of girls to be a force for gender equality and social change.
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SOURCE Kimberly-Clark Corporation | https://www.wibw.com/prnewswire/2022/05/27/kimberly-clark-celebrates-menstrual-hygiene-day-highlights-global-efforts-fight-period-stigma/ | 2022-05-27T16:10:35Z |
New Members NVIDIA, DuPont and GlobalFoundries Join Analog Devices, IBM, Microsoft, Micron, MIT, Synopsys and Others to Stand up an NSTC Innovation Hub in as Little as Six Months
ALBANY, N.Y., Sept. 16, 2022 /PRNewswire/ -- The American Semiconductor Innovation Coalition (ASIC) today announces its expansion to include members representing all stages of the chipmaking supply chain, enabling the coalition to stand up semiconductor R&D facilities in as little as six months.
ASIC is a group of companies, universities and nonprofits united to advocate for an effective, efficient innovation hub of the National Semiconductor Technology Center (NSTC) and National Advanced Packaging Manufacturing Program (NAPMP) that are funded through the recently-passed CHIPS and Science Act. New members of ASIC include NVIDIA, DuPont and GlobalFoundries, which join Analog Devices, IBM, Microsoft, Micron, MIT, Synopsys and others to advance U.S. semiconductor R&D leadership and improve the pathway from research to manufacturing.
The bipartisan CHIPS and Science Act is designed to strengthen U.S. semiconductor leadership, including through funding research. The law provides $11 billion for the U.S. Department of Commerce to invest in semiconductor research and development, including establishing the NSTC and NAPMP to deliver the latest groundbreaking chip R&D. If selected by the Department of Commerce, ASIC would rapidly open a fully-operational hub for the technology network and establish university and company-led "Centers of Excellence" to support the hub's operations.
ASIC has the ability to stand up an NSTC innovation hub in as little as six months, and implement programs across the country that support U.S. workforce development and small business growth. Its key capabilities include:
- An ambitious technical agenda: The 200+ members of the ASIC Technical Team have a broad range of expertise, ranging from advanced packaging to memory to design. The team is proposing an open ecosystem to address the chip industry's most pressing challenges all aspects of semiconductor design.
- Leadership in workforce development and skills: ASIC members include nearly 30 leading colleges and universities, including MIT, Purdue University, the State University of New York (SUNY), including SUNY Polytechnic Institute, and Rensselaer Polytechnic Institute. The ASIC Workforce Development Committee convenes these and other members to apply expertise on key themes such as semiconductor career awareness, skills gaps for R&D and manufacturing in new employees, and priorities for national-level workforce development resources.
- Resources for startups and small businesses: ASIC is applying lessons learned from its members' accelerators and incubators to support small businesses in the semiconductor industry. ASIC would create an Investment Office within an NSTC to fund startups' innovations.
- Existing state-of-the-art infrastructure: ASIC will have use of the Albany NanoTech Complex, a product of $15 billion in public and private investment, including from ASIC members. Albany NanoTech now hosts more than 2,700 industry experts, staff, students and faculty who have leveraged the center to produce semiconductor innovations such as the world's first two nanometer node chip, announced by ASIC member IBM in 2021.
"An advanced research initiative like the NSTC requires a technology network led by industry in close collaboration with government and academia, and it must have proven chip innovation results, expansive partnerships and state-of-the-art facilities. That's exactly what ASIC brings to the table," said Dr. Douglas Grose, spokesperson for ASIC.
"Analog Devices is pleased to be engaged in the American Semiconductor Innovation Coalition to accelerate innovation and manufacturing strength in the next generation of semiconductor technologies. This collaboration, with key players across leading technology ecosystems, will be crucial to achieving the objectives from the NSTC and NAPMP of strengthening economic competitiveness and security of the domestic supply chain as well as bolstering the talent pipeline," said Rebecca Diaz, Vice President of Government Affairs at Analog Devices.
"The CHIPS and Science Act will have a profound impact on the U.S. semiconductor industry," said Gregg Bartlett, Chief Technology Officer at GlobalFoundries. "GF is proud to be a member of the ASIC coalition to establish the NSTC, and to drive innovations in chip manufacturing and throughout the domestic semiconductor ecosystem. Our participation in the NSTC brings focus to innovation in pervasive, feature-rich chips for automotive, wireless communications, defense, and other markets essential to the economy, supply chains and national security."
"The historic passage of the CHIPS and Science Act demonstrates the United States' commitment to not only investing in domestic chip manufacturing, but also the science and technology research needed to deliver groundbreaking chip R&D," said Mukesh Khare, VP, Hybrid Cloud at IBM Research. "Now, ASIC members are ready to meet this moment with expertise to drive the innovation necessary to stand up a National Semiconductor Technology Center hub in as little as six months and support a diverse and equitable semiconductor workforce."
"The CHIPS and Science Act outlines a bold vision for the NSTC to accelerate semiconductor research and development while reinvigorating our industry's workforce," said Scott DeBoer, executive vice president of technology and products at Micron. "Memory will play a critical role in the innovation of leading-edge technology and building U.S. leadership in the semiconductor industry will further enhance American economic competitiveness and national security. As the only U.S.-based manufacturer of memory, we look forward to working with the Department of Commerce, industry peers and academia to make the NSTC vision a reality."
"The passage of the CHIPS and Science Act in Congress marks significant progress towards ensuring that the tech industry can continue to innovate towards helping organizations and individuals achieve more – which includes an innovative semiconductor industry and ensuring a resilient semiconductor supply chain," said Rani Borkar, Corporate Vice President, Cloud Hardware Systems and Infrastructure at Microsoft. "As part of the American Semiconductor Innovation Coalition, we look forward to collaborating with partners across the industry ecosystem to take the next step in semiconductor research and development."
"The passing of this legislation and its potential impact on technology and science is monumental." said Anantha P. Chandrakasan, Dean of the MIT School of Engineering. "It's thrilling to join hands in a coalition that aims to explore pathways to drive transformative research, unlock emerging technologies, train the workforce and coalesce industry and education to pursue new growth and potential across sectors."
"NVIDIA is eager to work with the American Semiconductor Innovation Coalition and its members to help advance chip research and development," said Joe Greco, Senior Vice President of Engineering at NVIDIA.
"EDA and IP enablement is fundamental to semiconductor research, design and manufacturing and is a key strength of the U.S.," said Deirdre Hanford, chief security officer at Synopsys. "We are collaborating closely with other leading organizations as part of the American Semiconductor Innovation Coalition steering committee to ensure that the CHIPS and Science Act investments accelerate the pace of semiconductor innovation, domestic manufacturing and high-tech workforce development."
ASIC is defining and executing a research and development agenda focused on impact to facilitate successful and consistent "lab-to-fab" transfers and ensure the network is sustainable for long-term contributions to U.S. semiconductor leadership. The coalition is primed to stand up the NSTC and NAPMP quickly due to pre-existing infrastructure and relationships across the industry that would collectively serve as the foundation for these critical projects.
The American Semiconductor Innovation Coalition (ASIC) represents more than 100 businesses, startups, universities and nonprofits dedicated to bringing the best research and development to the National Semiconductor Technology Center and the National Advanced Packaging Manufacturing Program. Learn more about ASIC and its members at http://asicoalition.org.
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SOURCE American Semiconductor Innovation Coalition | https://www.kxii.com/prnewswire/2022/09/16/american-semiconductor-innovation-coalition-expands-entire-chipmaking-supply-chain/ | 2022-09-16T12:14:12Z |
Industry veteran brings nearly two decades of success scaling healthcare technology companies
PHOENIX, June 1, 2022 /PRNewswire/ -- eVisit, the leading enterprise care delivery platform built for modern health systems and hospitals, today announced it has named industry leader Sachin Agrawal as its company president.
Agrawal has nearly two decades of experience leading successful healthcare technology companies. Most recently, he served as president of strategy and corporate development at RLDatix, a leader in the emerging healthcare governance, risk, and compliance (GRC) space. Under Agrawal's leadership, the company grew from 136 employees to more than 1,500 employees supporting 5,500 unique customers across 26 countries. Agrawal was also the chief architect behind a multi-company acquisition strategy across four years that contributed nearly $2 billion of enterprise value to RLDatix.
"Sachin brings a great depth of experience in the healthcare and technology sectors that is crucial to our next growth stage and our aim to make eVisit the market-defining care delivery platform for remote, virtual care for the U.S. healthcare system," said Bret Larsen, CEO of eVisit. "During his career, Sachin has been asked to aggressively address new markets, build growth strategies, and retain clients. His proven track record in scaling healthtech businesses has been tremendous, and we're excited to add his expertise and remarkable skill set to the executive team guiding eVisit's future."
Agrawal will build upon the recent momentum eVisit has achieved in the remote, virtual care space. eVisit was recognized as the sole Leader in the Forrester Wave™: Virtual Care Platforms in Digital Health, Q1 2021 report, as well as a Representative Vendor in the Gartner 2020 Guide for Virtual Care Solutions. The seven-year-old company experienced significant revenue growth across the past several years, and Inc. Magazine recognized eVisit as one of America's fastest-growing companies in 2021, ranking 2,300 on the prestigious Inc. 5000 list.
"eVisit's goal of supporting hospitals, health systems and other healthcare delivery organizations in simplifying their delivery of care is one that personally resonates with me and drew me to the company," said Agrawal. "I'm excited to be part of an organization that is addressing social determinants of health and ensuring that everyone has fair and equitable access to the healthcare system."
eVisit is the only end-to-end, fully integrated, enterprise care delivery platform built for health systems and hospitals. It delivers innovative consumer experiences in care navigation, care delivery, and care engagement, improving margins at scale without sacrificing quality. eVisit works seamlessly across enterprise service lines and departments to improve outcomes, reduce costs, and boost revenue. Based in Phoenix, Ariz., eVisit helps healthcare organizations, including the largest systems in the U.S., innovate and succeed in today's changing healthcare market. eVisit is the only Leader in the Forrester Wave™: Virtual Care Platforms in Digital Health, Q1 2021, and is a Representative Vendor in the Gartner® 2020 Market Guide for Virtual Care. Get your complimentary copy of the Forrester Report here and the Gartner Report here. For more information, visit evisit.com.
Media contact: Mardi Larson, mlarson@acmarketingpr.com Amendola Communications for eVisit or Inquiries@evisit.com.
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SOURCE eVisit | https://www.kxii.com/prnewswire/2022/06/01/evisit-names-sachin-agrawal-president-drive-continued-growth/ | 2022-06-01T18:34:30Z |
Sound off! Trumpet is 1st bloodhound to win Westminster show
TARRYTOWN, N.Y. (AP) — Now this hound has something to toot his horn about.
A bloodhound named Trumpet won the Westminster Kennel Club Dog Show on Wednesday night.
Trumpet beat a French bulldog, a German shepherd, a Maltese, an English setter, a Samoyed and a Lakeland terrier to take the trophy.
“I am so excited for Trumpet,” said handler Heather Helmer, who co-owns and bred the 4-year-old.
Trumpet became the first bloodhound to win Westminster.
Winston, a French bulldog co-owned by NFL defensive lineman Morgan Fox, took second in the nation’s most prestigious dog show.
The competition drew more than 3,000 purebred dogs, ranging from affenpinschers to Yorkshire terriers. The goal is to crown the dog that most represents the ideal for its breed.
Usually held in winter at New York City’s Madison Square Garden, the show moved to the suburban Lyndhurst estate last year and this year because of the coronavirus pandemic.
Westminster is often described as the Super Bowl of U.S. dog shows, and Winston aimed to make it so for Fox, a defensive lineman who was just signed by the Los Angeles Chargers and has played for the Los Angeles Rams and the Carolina Panthers.
Before the finals, Fox said he was “ecstatic” when Winston made it there.
“He’s basically a superstar,” Fox said by phone Wednesday.
The dog came his way from his grandmother, Sandy Fox, who has bred and shown Frenchies for years. Morgan Fox grew up with one and says that as he watched Winston mature, he knew the dog was a winner in both appearance and character.
“He’s a joy to be around,” Fox said. “He always walks around with as much of a smile on his face as a dog can have.”
Winston, currently the top-ranked dog in the country, faces Striker, a Samoyed that also made the finals last year; River, a big-winning German shepherd, and Trumpet, a bloodhound descended from the 2014 winner of another major show, the Thanksgiving-season National Dog Show.
After topping the canine rankings last year, Striker has lately been hitting a few dog shows “to keep his head in the game,” said handler Laura King.
What makes the snow-white Samoyed shine in competition? “His heart,” said King, of Milan, Illinois.
“His charisma shows when he’s showing,” and he vocally complains when he’s not, she said.
While he was quiet in the ring, an Alaskan Malamute provided a yowling — cheering?— soundtrack for a semifinal round featuring the Samoyed and other breeds classified as working dogs.
Then there are MM the Lakeland terrier — terriers have won many a Westminster — and a Maltese that clearly is aiming for stardom: Her name is Hollywood.
But the belle of the ball could be an English setter. Belle made the finals after being squired around the ring by one of her breeders and owners, Amanda Ciaravino — a feat at an event where many top contenders are accompanied by full-time, career handlers.
“It’s amazing,” an emotional Ciaravino said. “I’m so proud of her.”
Monty, a giant schnauzer that made the semifinals Wednesday night but didn’t advance further, is a son of the dog that won Westminster’s runner-up prize in 2018. Classified as a working dog, Monty enjoys yard work — which, to him, means presenting a football to be thrown while handler and co-owner Katie Bernardin’s husband, Adam, is mowing the lawn, she said.
Another competitor, Ooma, was the only Chinook that showed up. The sled-pullers are the official dog of the state of New Hampshire, but they’re rare nationwide.
“I would love to see a couple more” in the Westminster ring, said Ooma’s breeder, owner and handler, Patti Richards of West Haven, Vermont. “Without people who will show and breed, we’re in danger of losing our breed.”
Bonnie the Brittany is owner-handler Dr. Jessica Sielawa’s first show dog, and the two didn’t come away with a ribbon on Wednesday. But their teamwork extends beyond the ring.
Bonnie accompanies Sielawa to work at her chiropractic practice in Syracuse, New York, where “she’s really helped people with their emotional stress,” Sielawa said.
She plans to get her show dog certified as a therapy dog, too.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/23/sound-off-trumpet-is-1st-bloodhound-win-westminster-show/ | 2022-06-23T04:42:59Z |
Logue pitches gem in 2nd start, A’s pound Tigers 9-0
By DANA GAURUDER
Associated Press
DETROIT (AP) — Zach Logue pitched seven scoreless innings in his second major league start and the Oakland Athletics spoiled the debut of Joey Wentz by thumping the floundering Detroit Tigers 9-0. Sean Murphy and Kevin Smith each drove in two runs and Christian Bethancourt supplied three hits, two runs scored and an RBI for the A’s. Oakland, which entered Detroit on a nine-game losing streak, is 3-1 in the five-game series. The Tigers have lost eight of their last nine, scoring two runs or less in each of those defeats. | https://localnews8.com/sports/ap-national-sports/2022/05/11/logue-pitches-gem-in-2nd-start-as-pound-tigers-9-0/ | 2022-05-12T04:52:09Z |
UVALDE, Texas (AP) — A Uvalde police officer criticized over video of him checking his phone during the massacre at Robb Elementary School is the husband of a teacher who was killed in the classroom and had contacted him after after being shot, according to a Texas lawmaker investigating the shooting.
Texas state Rep. Joe Moody came to the defense of Ruben Ruiz after the officer was singled out by some users on social media as an example of the bewildering inaction by law enforcement during the May 24 attack.
Roughly 80 minutes of surveillance video published this week by the Austin American-Statesman showed Ruiz as one of the first officers to arrive in the hallway after the shooting began. He checks his phone moments before officers closer to the classroom run back down the hallway after shots are fired.
Moody tweeted Wednesday that the officer was the husband of Eva Mireles, one of two teachers killed along with 19 children in the fourth-grade classrooms. Moody is part of a Texas House committee that has spent weeks investigating the shooting and plans to release its findings Sunday.
“I’d not planned to speak publicly until the report was released, but I couldn’t say nothing seeing this man, who’s lost everything, maligned as if he was indifferent or actively malicious. Context matters,” Moody tweeted.
The hallway video shows Ruiz quickly glancing at his phone around 11:36 a.m. while holding a position at the end of the hallway. Three minutes earlier, the gunman is seen walking down the hallway and entering the classroom.
Authorities have previously said that body camera footage later showed Ruiz at 11:48 a.m. entering the building through the west door and telling officers, “She is shot.”
“What happened to (Ruiz) is he tried to move forward into the hallway, he was detained and they took his gun away from him and they escorted him from the scene,” Texas Department of Public Safety Director Steve McCraw told lawmakers at a hearing on June 21.
McCraw has called it an “abject failure” that police ultimately waited more than an hour before confronting the gunman.
“We’ll have much to say about the police response, but no criticism of this officer,” Moody tweeted. | https://cw33.com/news/u-s-news/ap-us-headlines/lawmaker-officer-in-uvalde-video-husband-of-slain-teacher/ | 2022-07-14T19:04:03Z |
A Hong Kong court on Tuesday sentenced a veteran activist to nine months in jail under a colonial-era sedition law for planning to protest against the Beijing Winter Olympics earlier this year.
Koo Sze-yiu, 75, had planned to carry a homemade wooden coffin to China's Liaison Office in the city on the opening day of the Games on February 4, but national security police raided his apartment and arrested him that day before any protest could take place.
Koo had denied a charge of "attempting or preparing to commit an act or acts with seditious intention," public broadcaster RTHK reported.
Prior to his sentence, Koo had been held in custody for more than five months after being denied bail on national security grounds.
Hong Kong's sedition law was introduced by the British colonial government in 1938, outlawing "hatred or contempt or disaffection" toward the monarch and the colonial administration. It remained on the statutes after the city was handed over to China in 1997.
Unused for decades, the law has been revived by Hong Kong prosecutors amid Beijing's broad crackdown on civil society following the city's 2019 pro-democracy protests.
In one high-profile ongoing case, five speech therapists have been accused of "conspiracy to distribute seditious materials" for publishing a series of children's picture books.
Sedition carries a maximum sentence of two years in jail for a first offense and three years for a subsequent conviction.
Critics have accused the Hong Kong authorities of turning to the sedition law -- along with a more recently introduced national security law -- to clamp down on dissent.
The Hong Kong government has repeatedly defended the national security legislation, saying it restored order to the city following the widespread pro-democracy protests.
The national security law was enacted in 2020 and outlaws acts of secession, subversion, terrorism, and collusion with foreign forces -- with a maximum sentence of life in prison.
Two years after its introduction, no opposition lawmakers remain in the Hong Kong legislature, while nearly all of the city's leading pro-democracy figures, including activists and politicians, have either been forced into exile or imprisoned -- with dozens of them behind bars.
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CINCINNATI, July 5, 2022 /PRNewswire/ -- Ran Gupta, Total Asset Planning, is the newest member of the Ameritas Hall of Fame, Ameritas president and CEO Bill Lester announced today. Gupta will enter the Hall of Fame as a 2022 inductee.
The prestigious Hall of Fame award is the highest honor an Ameritas field partner can achieve. The award recognizes people who, over the course of their careers, exhibited outstanding leadership qualities, a commitment to bettering their community, and significant professional contributions to both the insurance industry and to Ameritas.
"This award recognizes members of our field force who have exhibited exceptional leadership qualities and have made significant contributions to both our industry and Ameritas over the course of their careers," Lester said. "Congratulations, Ran – you deserve this lifetime achievement award."
Raneshwar K. Gupta is a financial professional with Total Asset Planning, offering life insurance, disability insurance, annuities, investments, retirement plans and estate planning. Born in Tarn Taran, Punjab, India, he migrated to the United States in 1984, settling in Cincinnati with his wife, Manju, and two children.
Working with Mutual of New York, Gupta was named New Agent of the Year in 1985. Joining Union Central in 2001, he qualified for his first Leaders Conference in Kauai, Hawaii in 2006 before earning the Inner Circle in 2007 and making his first Summit trip to Prague, Czech Republic in 2008. He has been a member of the President's Club three times, Inner Circle twice, Summit of the Inner Circle 12 times and the Leaders Club once. He is a member of Million Dollar Round Table, having achieved Court of the Table and Top of the Table six times each. Gupta is also a member of the National Associate of Insurance and Financial Advisors and has served on many Ameritas committees and task forces.
Gupta and his family are very involved in their community, being a patron member of the Hindu Temple of Greater Cincinnati since 1984. He has held various positions with the temple, including president from 2018 to 2020.
Ameritas is a marketing name for Ameritas Mutual Holding Company and its affiliated subsidiary companies, including Ameritas Life Insurance Corp. and Ameritas Life Insurance Corp. of New York. Founded in 1887, Ameritas offers a wide range of insurance and financial products and services to individuals, families and businesses. These products and services include life insurance; annuities; individual disability income insurance; group dental, vision and hearing care insurance; retirement plans; investments; asset management; and public finance. Securities offered through affiliate Ameritas Investment Company LLC., member FINRA/SIPC, and investment advisory services offered through affiliate Ameritas Advisory Services, LLC. For more information, visit ameritas.com. AIC and AAS are not affiliated with any other entity mentioned herein.
Contact:
Derek Rayment, Sr. Media Relations Specialist
Ameritas Life Insurance Corp.
Phone: 402-467-7850
derek.rayment@ameritas.com
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SOURCE Ameritas | https://www.kxii.com/prnewswire/2022/07/05/ameritas-announces-new-hall-fame-inductee/ | 2022-07-05T20:41:18Z |
GRAPHIC: Same-sex couple says they were attacked, blamed for monkeypox
WASHINGTON (WUSA) - Authorities in Washington, D.C. are looking for suspects believed to be involved in a hate crime.
According to the Metropolitan Police Department, two men were attacked Sunday by people who blamed their community for spreading monkeypox. Police released photos Tuesday of two suspects and asked the public for help identifying them.
So far, no one has been taken into custody.
The men say they were attacked because they are gay, while walking home not far from the U Street corridor.
Robert, who asked his last name not be used, said the assault started with slurs and a reference to monkeypox.
“‘Look at these monkeypox (explicit),’ and, ‘Look at these (explicit),’ and the stuff along those lines,” he said.
Robert says he and his partner tried to ignore the group of about five teen boys and two girls.
“After walking away for a bit, I realized they were following us,” he said. “So, I turned around to see what was going on and they, one of them, sucker punched me and then hit my partner and then hit me again.”
Robert was bruised, and his partner was bloodied and required a trip to the hospital and stitches.
Robert says the boys took off. Two girls in the group tried to apologize but also left before police arrived.
“We must stand up for our friends and neighbors, especially right now when there is too much anti-LGBTQ+ rhetoric sweeping our nation,” said Mayor Muriel Bowser on Twitter.
Robert and his partner say whether it’s misinformation around monkeypox or something else, they’ve noticed more hate in recent months.
“(I had) more experiences with bigotry and homophobia this summer than I have in my entire life, and I grew up in Texas,” he said.
A doctor with DC Health issued a statement saying monkeypox is “not a disease of the LGBTQ+ community.”
Copyright 2022 WUSA via CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/08/10/graphic-same-sex-couple-says-they-were-attacked-blamed-monkeypox/ | 2022-08-10T16:58:39Z |
RADNOR, Pa., June 27, 2022 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against CareDx, Inc. ("CareDx") (NASDAQ: CDNA). The action charges CareDx with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company's business, operations, and prospects. As a result of CareDx's materially misleading statements and omissions to the public, CareDx's investors have suffered significant losses.
CLICK HERE TO SUBMIT YOUR CAREDX LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/new-cases/caredx-inc?utm_source=PR&utm_medium=link&utm_campaign=caredx&mktm=r
TO VIEW OUR VIDEO, PLEASE CLICK HERE
LEAD PLAINTIFF DEADLINE: JULY 22, 2022
CLASS PERIOD: FEBRUARY 24, 2021 through MAY 5, 2022
CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
James Maro, Esq. (484) 270-1453 or Toll Free (844) 887-9500 or Email at info@ktmc.com
Kessler Topaz is one of the world's foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.
On February 24, 2021, CareDx reported a 51% year-over-year increase in total revenue, with testing services revenue increasing from $104.6 million in 2019 to $163.5 million in 2020. CareDx presented the testing services segment as CareDx's "growth driver" for which "demand continued unabated." Moreover, the CareDx described its testing services segment as having "a winning formula" that would allow it to capture a massive total addressable market.
On October 28, 2021, CareDx filed its quarterly report for the third quarter of 2021 on a Form 10-Q which revealed that it had received several inquiries from multiple governmental agencies relating to its business and practices, including: (1) a civil investigative demand (CID) from the U.S. Department of Justice in connection with its False Claims Act investigation; (2) a subpoena from the SEC in relation its investigation relating to issues identified in the CID and certain of CareDx's accounting and public reporting practices; and (3) an information request from an unnamed state regulatory agency. Following this news, the price of CareDx shares declined more than 27%, from a closing price of $70.34 per share on October 28, 2021, to a closing price of $51.00 per share on October 29, 2021.
Then, after the markets closed on May 5, 2022, CareDx shocked the market when it announced its results for the first quarter of 2022. CareDx reported testing services revenue that fell well short of analysts' expectations and yet another decline in average sales price in which CareDx's average price declined by approximately 4.9% versus the last quarter of 2021, or what one analyst described as "another big deterioration in price." Following this news, the price of CareDx stock declined 18.5%, from a closing price of $31.66 per share on May 5, 2022, to a closing price of $25.87 per share on May 6, 2022.
CareDx investors may, no later than July 22, 2022 seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. Kessler Topaz Meltzer & Check, LLP encourages CareDx investors who have suffered significant losses to contact the firm directly to acquire more information.
CLICK HERE TO SIGN UP FOR THE CASE
A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
info@ktmc.com
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SOURCE Kessler Topaz Meltzer & Check, LLP | https://www.kxii.com/prnewswire/2022/06/27/cdna-deadline-reminder-kessler-topaz-meltzer-amp-check-llp-important-july-22-2022-deadline-reminder-caredx-inc/ | 2022-06-27T14:38:35Z |
NEW YORK, July 9, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of LMP Automotive Holdings, Inc. (NASDAQ: LMPX) between June 29, 2021 and May 19, 2022, both dates inclusive (the "Class Period") of the important July 26, 2022 lead plaintiff deadline.
SO WHAT: If you purchased LMP securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the LMP class action, go to https://rosenlegal.com/submit-form/?case_id=6635 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 26, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) LMP engaged in the improper identification and elimination of intercompany transactions; (2) LMP used incorrect estimates for chargeback reserves for finance and insurance products; (3) LMP had misclassified certain items in its financial statements which impacting balance sheet and income statement financial statement captions; (4) there were material weaknesses in LMP's internal control over financial reporting; (5) as a result of the foregoing, LMP overstated its revenue; (6) as a result of the foregoing, LMP would restate certain of its previously issued financial statements and results; and (7) as a result of the foregoing, defendants' positive statements about LMP'S business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the LMP class action, go to https://rosenlegal.com/submit-form/?case_id=6635 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/07/09/rosen-national-trial-counsel-encourages-lmp-automotive-holdings-inc-investors-with-losses-exceeding-100k-secure-counsel-before-important-deadline-securities-class-action-lmpx/ | 2022-07-09T19:10:28Z |
VANCOUVER, CA and ERIE, Pa., April 12, 2022 /PRNewswire/ - Imagine AR Inc. (CSE: IP) (OTCQB: IPNFF) ("ImagineAR" or "Company") an Augmented Reality Company that enables sports teams, businesses and enterprises to instantly create their own AR mobile campaigns, is pleased to announce the signing of three-year SDK licensing agreements with the Indoor Football Team's Arizona Rattlers & Tucson Sugar Skulls for Fanmaker integrate its Augmented Reality SDK Platform into their mobile apps that are available in the iOS and Android mobile app stores. This agreement is a revenue sharing partnership for all augmented reality activations and sponsorships.
Kevin Guy, President of the Arizona Rattlers & Owner of Tucson Sugar Skulls stated "We're thrilled to announce this exciting partnership with ImagineAR. We look forward to growing our mobile apps and developing a deeper connection with our fans in the marketplace. The creative campaigns we'll be able to offer through this partnership will enhance the gameday experience for both fans and corporate partners alike. It's vital to stay innovative in today's ever-changing business environment, and we look forward to executing this state-of-the-art venture."
Alen Paul Silverrstieen, CEO of ImagineAR, added: "It is wonderful to be working with both teams again, within their own mobile apps, to deliver immersive fan engagement campaigns to further grow their fan base and drive new sponsorship revenue. Player holograms, AR Treasure Hunts, Sweepstakes, and coupons can be integrated with campaigns during game days."
ImagineAR Inc. (CSE: IP) (OTC: IPNFF) is an augmented reality (AR) self-publishing patented platform, ImagineAR.com, that enables businesses of any size to create and implement their own AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds. Customers simply point their mobile device at logos, signs, buildings, (products, landmarks and more to instantly engage videos, information, advertisements, coupons,3D holograms and any interactive content all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics means that all customer interaction is tracked and measured in real-time. The AR Enterprise platform supports both IOS and Android mobile devices and upcoming wearable technologies. The AR Platform is available as an SDK Plug-in for existing mobile apps.
2021 STA Category Award Winner for Fan Engagement.
For more information or to explore working with ImagineAR, please email info@imaginear.com, or visit www.imagineAR.com.
All trademarks of the property of respective owners.
ON BEHALF OF THE BOARD
Alen Paul Silverrstieen
President & CEO
(818) 850-2490
https://twitter.com/IPtechAR
https://www.facebook.com/imaginationparktechnologies
https://www.instagram.com/iptechar
https://www.linkedin.com/company/imagination-park-technologies-inc.
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Information and Statements
This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein may include, but is not limited to, information concerning the ability of the Company to generate revenues, roll out new programs and to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
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SOURCE ImagineAR Inc. | https://www.mysuncoast.com/prnewswire/2022/04/12/imaginear-otcqb-ipnff-signs-three-year-licensing-agreement-with-indoor-football-league-teams-arizona-rattlers-amp-tucson-sugar-skulls-integrate-immersive-augmented-reality-both-team-mobile-apps/ | 2022-04-12T11:37:38Z |
Free event to feature costumes, competitions, and Good Fortune Pirate Cruises
MACKINAW CITY, Mich., June 6, 2022 /PRNewswire/ -- Star Line Mackinac Island Ferry Company, a ferry boat company serving Mackinac Island from St. Ignace and Mackinaw City, Mich. and owner and operator of the Good Fortune pirate ship – the only pirate ship traveling to Mackinac Island, is hosting the third annual Great Lakes Pirate Festival on Saturday, June 18 from noon to 5 p.m. at their Mackinac Island Main Dock. The Great Lakes Pirate Festival is a free event and will kick-off the summer season with a pirate party including a live pirate band, pirate trivia, family-friendly photo opportunities, food and drinks, pirate contests and more. Festival participants of all ages are encouraged to wear pirate-themed outfits. The Good Fortune pirate ship will ferry passengers to the island from Mackinaw City in the morning and will conclude the day with evening pirate cruises at 5:45 pm and 7:15 pm - departing from the Mackinac Island Main Dock. The night cruises will include pirate music and dancing, crew members in character dressed and talking like pirates, water cannons for kids, and the ride will culminate with the firing of the Good Fortune's cannon. This year the Good Fortune will have a liquor license and Pirate Cruises will feature snacks, drinks, and adult refreshments available for purchase. For photos of Star Line's Good Fortune pirate ship, click here. For Great Lakes Pirate Festival details and Good Fortune Pirate Ship cruise tickets and information, click here.
The Great Lakes Pirate Festival will feature the Black Murray Band, Pirate Contests (Ex. Dress like a Pirate, Talk Like a Pirate, Walk the Plank), Captain Brown Beard Entertainment, Pirate Trivia, Pirate Storytime, and more. This year the Good Fortune has added an evening cruise entitled Nauti 21+, which goes under the Mackinac Bridge departing from Mackinac Island.
"We are always looking for ways to enrich our guests' experiences to Mackinac Island, and the Great Lakes Pirate Festival and the Good Fortune pirate ship are family favorites," said Jerry Fetty, CEO of Star Line Mackinac Island Ferry Company. "When guests of all ages see the Good Fortune at our dock they get excited to take a cruise, and now with the liquor license we have also added nightly adult-only cruises to provide cruise options for pirate enthusiasts of all ages."
Pirate cruises on the Good Fortune ship this summer will include up to 80 people, while trips to and from Mackinac Island will hold up to 100 people.
For tickets and information go to www.mackinacferry.com.
St. Ignace, Mich. based Mackinac Island Ferry Company and its acquired lines of ferries began serving Mackinac Island in 1878 and has since been ferrying families and islanders from Mackinaw City and St. Ignace to Mackinac Island. The company is best known for their high-speed hydro-jet rooster tail boats, family-friendly atmosphere, most frequent number of trips to and from Mackinac Island and underneath the Mackinac Bridge. In addition to five classic ferries, Mackinac Island Ferry Company ferry boats include the Mackinac Express catamaran, Marquette II, Radisson, Cadillac, Joliet, LaSalle, and Anna May and the pirate ship Good Fortune. Mackinac Marine Services is located in St. Ignace, Mich., and provides boatyard and services for commercial and recreational boat needs. Mackinac Marine Services currently has a 200 metric ton marine travel lift, winter and summer boat storage, fiberglass repair, fabricating and mechanical work, welding, power washing and shrink-wrapping services. Mackinac Marine Services is owned and operated by Star Line Mackinac Island Ferry Company.
MEDIA CONTACT:
Pat Baskin, CKC Agency
pat@ckcagency.com
(248)318-0095
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SOURCE Star Line Mackinac Island Ferry Company | https://www.wibw.com/prnewswire/2022/06/06/shiver-me-timbers-third-annual-great-lakes-pirate-festival-take-place-star-lines-mackinac-island-main-dock-june-18-2022/ | 2022-06-06T15:16:53Z |
Premier clean energy event presents international business and policy leaders from Congress, the White House, DOE, U.S. Export-Import Bank, the Government of Quebec and more
WASHINGTON, Sept. 13, 2022 /PRNewswire/ -- National Clean Energy Week (NCEW) today announced more than 30 distinguished speakers to the 2022 NCEW Policy Makers Symposium lineup. The sixth annual NCEW, which this year runs the week of September 26, is headquartered in Washington, D.C. but celebrated across the nation. The NCEW Policy Makers Symposium brings together a bipartisan slate of policymakers, administration officials, business leaders, advocates, investors and non-profit leaders. The 2022 event will be entirely virtual, allowing participants from across the country and around the globe to hear from those at the forefront of clean energy innovation and policymaking.
Newly added speakers to the three-day NCEW Policy Makers Symposium, September 27-29, include:
- U.S. Sen. Cynthia Lummis (R-Wyo.)
- U.S. Rep. Buddy Carter (R-Ga.)
- U.S. Rep. Debbie Dingell (D-Mich.)
- U.S. Rep. Nancy Mace (R-S.C.)
- U.S. Rep. Mariannette Miller-Meeks (R-Iowa)
- U.S. Rep. Scott Peters (D-Calif.)
- U.S. Rep. Paul Tonko (D-N.Y.)
- U.S. Rep. Bruce Westerman (R-Ark.)
- Sylvie Barcelo, Deputy Minister at the Ministry of International Relations and La Francophonie for the Government of Quebec
- Judith D. Pryor, First Vice President and Vice Chair of the Board of Directors at the U.S. Export-Import Bank
- Trisha Miller, Senior Director for Industrial Emissions at The White House
- Jigar Shah, Director of the Loan Programs Office at U.S. Department of Energy (DOE)
- Jasjit Singh, Executive Director of SelectUSA
- Maria Duaime Robinson, Director of the Grid Deployment Office at DOE
- James L. Connaughton, Former Chair of the Council of Environmental Quality, 2001-2009
- Katie McGinty, Former Chair of the Council of Environmental Quality, 1995-1998
- Warner Baxter, CEO of Ameren
- Craig Cornelius, CEO of Clearway Energy Group
- Pedro J. Pizarro, President and CEO of Edison International
- Dan Blondal, CEO of Nano One Materials
- Heather Reams, President of Citizens for Responsible Energy Solutions (CRES) Forum
- Mary Streett, Senior Vice President of U.S. Communications & External Affairs at BP
- Emily Fisher, General Counsel, Corporate Secretary and Senior Vice President of Clean Energy at Edison Electric Institute
- Erik Takayesu, Senior Vice President of Asset Strategy and Planning at Southern California Edison
- Bill Parsons, Vice President for Federal & State Affairs at American Clean Power Association
- Dan Byers, Vice President of Climate and Technology for the Global Energy Institute at the U.S. Chamber of Commerce
- Tom King, Managing Partner at CrossRiver Capital & Founding Director at Borincana Foundation Inc.
- Yvonne A. McIntyre, Vice President of Federal Affairs at PG&E Corporation
- Matt Porterfield, Vice President of Policy and Research at the Climate Leadership Council
- Jordan Geist, Senior Director of Metals Division at East Penn Manufacturing
- Xan Fishman, Director of Energy Policy and Carbon Management at the Bipartisan Policy Center
These experts will join NCEW's previously announced speakers to offer keynote remarks and engage in panel discussions throughout the virtual, three-day NCEW Policy Makers Symposium, with each day centered around a clean energy theme: Let America Build, Innovation and Unlock American Resources. New and previously announced panels on these days include:
- Cutting Red Tape: Removing Obstacles to Clean Energy and Emissions Reductions
- Transitioning to Clean Energy: Critical Minerals, Supply Chains and Domestic Manufacturing
- Show Me the Money: Tax and Finance Issues Facing the Energy Industry
- Innovation and Reducing Industrial Emissions
- The American Advantage: Strengthening U.S. Competitiveness
- Exploring the Role of Utilities in the Energy Transition
- Workable Solutions for Nature: A Bridge to Our Clean Energy Future
"We are thrilled to be joined by these impressive leaders from Congress, the administration, U.S. Department of Energy, U.S. Export-Import Bank, as well as international policymaking and business communities to our all-star NCEW Policy Makers Symposium line-up," said Heather Reams, NCEW chair and president of CRES Forum. "These thought leaders will encourage meaningful discussions about the solutions that will identify emerging points of consensus within clean energy and drive towards American energy independence, economic prosperity and a healthier climate."
NCEW programming includes both in-person events in Washington, D.C., and the free, virtual Policy Makers Symposium, September 27-29. To learn more about the Symposium, including speakers, panels, and registration, click here.
More information on NCEW sponsorship opportunities, events, and examples of how businesses and communities can show their support can be found on the NCEW website: https://nationalcleanenergyweek.org/.
National Clean Energy Week (NCEW), described by POLITICO as "a veritable who's who of the Clean Energy World," is an annual awareness week to recognize the value of clean energy including abundant job opportunities, economic growth, energy independence, consumer choice, lower energy prices, and a cleaner environment. Follow NCEW on Twitter (@NCEWConf) and Facebook (NationalCleanEnergyWeek) for event updates. www.nationalcleanenergyweek.org.
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SOURCE National Clean Energy Week | https://www.kxii.com/prnewswire/2022/09/13/national-clean-energy-week-adds-dozens-speakers-new-panels-policy-makers-symposium/ | 2022-09-13T15:45:42Z |
HOUSTON (AP) — The faded and weathered construction permits still taped to Houston resident Mal Moses’ front door are reminders of the difficulties he faced in trying to get his mold-infested walls and leaky roof repaired after Hurricane Harvey in 2017.
But living in his neighborhood of Trinity-Houston Gardens has always been hard, Moses said. His family endured racial slurs and harassment as some of the first Black residents to move in during the late 1960s. When white residents left, he said, it seemed resources such as consistent trash collection or a properly working drainage system fled as well.
So after Harvey, Moses, 65, expected to be denied government help. And he certainly wasn’t surprised by federal officials’ conclusion this year that the state had discriminated against minorities, particularly Black residents, in how it distributed flood relief money from the hurricane.
“It was just another example (of discrimination) for me. … I wasn’t shocked that it was being done because I experienced it firsthand growing up,” said Moses, who ultimately got help from local nonprofit West Street Recovery to repair his home.
Texas had faced a Friday deadline to enter into a voluntary agreement to address an investigation by the U.S. Department of Housing and Urban Development that in March found the state had violated the Civil Rights Act of 1964 by causing there “to be disproportionately less funding available to benefit minority residents than was available to benefit white residents” in how it distributed more than $2 billion to fund flood mitigation projects after Harvey. That deadline passed without any resolution to the dispute.
The Texas General Land Office, or GLO, which is in charge of distributing the funding, says its actions were not unlawful. In a letter sent Thursday to HUD Secretary Marcia Fudge, Republican Gov. Greg Abbott said he did not plan to force the GLO to enter into any agreement because HUD had not proven that the state agency had discriminated based on race or national origin.
“HUD should close this case without following through on the threats made in your letter, which would only slow funding for Texans who truly need disaster mitigation,” Abbott said.
HUD has threatened to refer the matter to the Justice Department for possible legal action.
“We are considering our options and have no further comment at this time,” HUD spokesman Michael Burns said in an email Friday.
The deadline passed amid the five-year anniversary of Harvey, which inundated the Houston area with torrential rain for days, flooding more than 150,000 homes and 300,000 vehicles. The storm, which first made landfall more than 200 miles (321 km) southwest of Houston near Corpus Christi on Aug. 25, 2017, killed 68 people and caused an estimated $125 billion in damage in Texas. Many residents still have not recovered.
In an April letter to HUD, the land office’s attorneys defended how the funds were awarded, saying of the 108 projects that received money, 59% served minority-majority populations and of the 1.5 million Texans benefiting from the projects, more than 1 million were Hispanic.
“HUD’s objections are politically motivated and are factually and legally baseless. GLO did not engage in discrimination,” the land office’s attorneys said.
Many Houston-area residents and officials were outraged when they learned the land office’s initial distribution of $1 billion didn’t include one cent for their hard-hit communities. Other cities with large minority populations also flooded by Harvey, including Beaumont, Corpus Christi and Port Arthur along the Texas Gulf Coast, also got no funding.
A Houston Chronicle investigation found the land office’s initial $1 billion distribution disproportionately flowed to inland counties with less damage than coastal communities that bore the brunt of Harvey.
Where the money was spent is “so clearly not where the harm was done and where the risk is for future disasters,” said Ben Martin, research director for Texas Housers, an Austin-based nonprofit that joined Houston group Northeast Action Collective in filing the initial complaint with HUD.
After bipartisan criticism of the lack of funding for the Houston area, the land office awarded $750 million to Harris County, home to the nation’s fourth-largest city, but still nothing for Houston.
Houston Mayor Sylvester Turner on Wednesday urged HUD to enforce its ruling against the state, saying the federal agency’s integrity “is on the line.”
Moses, who is part of the Northeast Action Collective, said that after Harvey, he had to live in his home, full of mold and dust, while it was repaired and as he underwent treatment for lung cancer. During the two-year repair process, his mother, who shared the house with him and adored it, had to live elsewhere.
She died four days after she was finally able to return in 2020.
While his house is in fairly good shape now, Moses said many of his neighbors are still struggling to fully restore their homes or recover financially from repairs they paid for themselves. They also worry if enough has been done to protect them from the next storm.
“I’m just holding on, holding on … and I’m hoping that the (federal) government steps in … and makes sure the money gets appropriated correctly,” Moses said.
___
Follow Juan A. Lozano on Twitter: https://twitter.com/juanlozano70 | https://cw33.com/news/u-s-news/ap-us-headlines/ap-hud-texas-at-odds-over-flood-relief-discrimination-claim/ | 2022-08-27T18:50:52Z |
4,500 Mile Fundraiser Supported 30 Million Neuropathy Sufferers and Honors Dutch-American Heritage
SAN FRANCISCO, Aug. 2, 2022 /PRNewswire/ -- For the first time ever, an electric bike was used for a 4,500-mile solo, cross-country ride that followed the historic Lincoln Highway. Cyclist Gregory Maassen, Ph.D., who is afflicted with peripheral neuropathy (PN), a neurological condition that attacks his nerves and causes areas of his body to burn and go numb, ended his four-month, cross-country journey in San Francisco.
Gregory, who credits e-biking and physical activity with helping him manage his symptoms, rode over a new course on the Lincoln Highway, considered the first road across America, and which was once traveled by President Dwight D. Eisenhower when he was Lt. Colonel in the Army in 1919.
His journey began from his home in Washington, DC, to California as a fundraiser of one cent per mile to support the Foundation for Peripheral Neuropathy (FPN), a nonprofit that provides research and awareness for the more than 100 different kinds of PN. He has already raised nearly $150,000 during his ride. Peripheral neuropathy affects approximately 30 million Americans, including Tom Brokaw, George Lopez, Alan Jackson and many others.
According to Dr. Ahmet Hoke, Johns Hopkins Medicine, director of the Neuromuscular Division, professor of neurology, "E-biking is a wonderful low-impact form of exercising that can be a meaningful aspect of a patient's recovery and well-being."
"This fundraiser, using an e-bike to traverse the Lincoln Highway for the very first time, is a tribute to the special friendship between the Dutch and the Americans, and to President Eisenhower's vision to create the nation's Interstate Highway System," says Gregory. "It celebrates the longest uninterrupted peaceful relationship that the United States has with any foreign country and supports the millions of people everywhere suffering with peripheral neuropathy. Medical research for PN is significantly underfunded, and finding a cure for this debilitating condition must be addressed."
"Gregory is a true inspiration to patients who suffer from peripheral neuropathy," says Lindsay Colbert, executive director of the Foundation for Peripheral Neuropathy. "His unprecedented e-bike tour shows the true power of hope and determination to the people who are struggling to manage this disease alongside him."
Gregory began his e-bike journey as a Dutch national, took his American citizen exam on April 29, was sworn in on May 21, and completed his ride in San Francisco as a U.S. citizen.
To view Gregory's journey and to support his fundraiser for FPN, visit www.ebiketour.org.
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SOURCE Foundation for Peripheral Neuropathy | https://www.kxii.com/prnewswire/2022/08/02/first-ever-e-bike-solo-cross-country-journey-across-historic-lincoln-highway-raising-money-foundation-peripheral-neuropathy-culminated-san-francisco/ | 2022-08-02T19:24:52Z |
Dave Chappelle ‘fully cooperating’ with police investigation of attack against him
By Chris Boyette, Lisa Respers France, Caroll Alvarado and Stella Chan, CNN
A rep for Dave Chappelle has released a statement regarding an audience member who attacked him Tuesday night while the comedian was performing at the Hollywood Bowl.
“As unfortunate and unsettling as the incident was, Chappelle went on with the show,” Carla Sims, Chappelle’s representative, said in a statement to CNN. “Jamie Foxx and Chris Rock helped calm the crowd with humor before Chappelle introduced the last and featured musical guests for the evening.”
The man who tackled Chappelle had a knife and is in custody, Los Angeles police told CNN.
Video shows Chappelle being attacked onstage.
LAPD spokesperson Officer Lizeth Lomeli told CNN that Chappelle “had finished his act and as he was exiting the stage, a male who was part of the audience jumped on the stage and tackle(d) this celebrity to the ground.”
The suspect, 23, was arrested for assault with a deadly weapon and taken to a hospital for medical treatment, Lomeli said. The victim “was not injured as a result of the crime,” she said.
The weapon was a “knife blade,” Lomeli said.
LAPD Officer Rosario Cervantes told CNN the suspect had a knife that was a replica handgun.
Sims said Chappelle is “fully cooperating” with the police investigation of the incident.
The motive of the apparent attack remains unclear.
It also wasn’t clear whether Chappelle filed an official police report.
Chappelle was performing at “Netflix is a Joke: The Festival.”
Jed Simon, an audience member who was at the show told CNN that Chappelle was finishing up his set and was about to introduce a musical act when a man climbed up to the stage and tackled the comedian.
Simon said he was sitting in the third row and was enjoying the show with his friends when he witnessed the incident.
“Some guy in front of us just climbed up on the stage. I was like ‘what the f*** is happening? He came right from the audience.” Simon told CNN. “Next thing I know he lunges at Dave and tackles him to the ground pretty aggressively. I was like what is going on?”
CNN correspondent Rachel Crane was also in the audience and described the bedlam after the attack.
According to Crane, the suspect was wearing a backpack. He was dragged stage right, where he was being subdued, when Chappelle said, “Don’t do this on stage, take him off.”
CNN has requested comment from representatives for Chappelle, Netflix and the festival. CNN has also reached out to the Los Angeles Fire Department and the Hollywood Bowl for more information.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Jay McMichael contributed to this report | https://localnews8.com/entertainment/cnn-entertainment/2022/05/04/comedian-dave-chappelle-was-attacked-onstage-video-shows-a-suspect-is-in-custody-lapd-says/ | 2022-05-04T20:27:54Z |
MIAMI, July 18, 2022 /PRNewswire/ -- El Car Wash ("El"), the largest and fastest growing express car wash operator in South Florida, today announced that Warburg Pincus has acquired the company from affiliates of Wafra Inc. ("Wafra"), Audrose Partners, and Fireside Investments. The investment will support El's continued expansion and its commitment to offering best-in-class services to its customers. Terms of the transaction were not disclosed.
El Car Wash is the leading car wash operator in South Florida across Miami-Dade, Broward and Palm Beach counties. The company currently operates 17 car wash locations with over 30 additional sites in development across Florida and plans to significantly expand its footprint through greenfield openings and future acquisitions. Today, El is a widely recognized brand known for its prime locations, high quality operations, distinctive aesthetics, and industry leading membership program. It is also the Official Car Wash of the Miami HEAT and a partner of Baptist Health.
"We have built El Car Wash into a market-leading platform by relentlessly focusing on delivering friendly customer service and a best-in-class wash experience via a dense network of clean and recognizable modern facilities. This strategy has generated a loyal, growing membership base that we hope to service more conveniently by rapidly expanding El's store footprint in partnership with Warburg Pincus," said Geoff Karas, Co-CEO of El Car Wash and Co-Founder of Audrose Partners. "El has experienced rapid growth over the past several years, and partnering with Warburg Pincus, who has a long-standing track record of cultivating world-class businesses, will allow us to accelerate our expansion efforts and help further define the industry perception of car washes as the innovative and prime retail experience that we deliver," added Justin Landau, Co-CEO of El Car Wash and Co-Founder of Audrose Partners.
"We are thrilled to partner with Justin, Geoff and the El team. They have built a company that is truly unique in its space. El has established itself as a pre-eminent car wash platform with highly skilled operators, state-of-the-art facilities and dedicated focus on customer service, all of which is highlighted by the strength of its membership program," said Jeff Goldfaden, Managing Director, Warburg Pincus. "We believe El has a unique offering and significant growth potential. El has an outstanding record of new store openings and successful acquisitions, and we are tremendously excited to support the team in their continued expansion, both in South Florida and in other attractive markets," added Zach Lazar, Managing Director, Warburg Pincus.
Adel Alderbas, Chief Investment Officer at Wafra, added, "We have enjoyed a fantastic partnership with Justin, Geoff and Fireside building El Car Wash from just 4 locations in 2019 to nearly 50 locations operating and under development as of today. Through our collective commitment to high quality real estate and best-in-class customer service, El has become one of the premier express car wash platforms in the country. We wish Warburg Pincus and the El Car Wash team great success as they continue to develop the El platform."
Jonathan Langer, Founder and CEO of Fireside Investment added, "We are proud of the world class platform we have been able to create with Justin, Geoff and Wafra and wish the entire El Car Wash team all the best going forward."
William Blair & Company, LLC served as exclusive financial advisor to El Car Wash in connection with the transaction.
About El Car Wash
El Car Wash is the leading express car wash operator in Florida with 17 operating sites and a development pipeline throughout the state. The company is the Official Car Wash of the Miami HEAT, a partner of the Miami Zoo and a partner of Baptist Health. El Car Wash strives to bring a high level of customer service with a dose of fun to Florida residents by efficiently providing a clean, dry, and shiny car, every time. Rain Doesn't Clean Cars. For more information, please visit www.elcarwash.com. Follow us on Instagram @elcarwash.
About Warburg Pincus
Warburg Pincus LLC is a leading global growth investor. The firm has more than $85 billion in assets under management. The firm's active portfolio of more than 250 companies is highly diversified by stage, sector, and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 21 private equity and 2 real estate funds, which have invested more than $106 billion in over 1,000 companies in more than 40 countries. The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore. For more information, please visit www.warburgpincus.com. Follow us on LinkedIn.
About Wafra
Wafra is a global alternative investment manager with approximately $33 billion of assets under management. Wafra invests across a range of alternative assets, including alternative and traditional real estate, strategic partnerships, real assets and infrastructure. By providing flexible and accretive capital solutions and focusing on long-term partnerships, Wafra aligns and partners with best-in-class asset owners, companies and management teams. Headquartered in New York, Wafra has additional offices in London, Kuwait and Bermuda. For more information, please visit: www.wafra.com.
About Audrose Partners
Audrose Partners is a private investment company co-founded by Justin Landau and Geoffrey Karas focused on identifying long-term value creation opportunities in operationally-intensive, thematic businesses.
About Fireside Investments
Fireside Investments is a private investment firm that backs experienced management teams to build leading real estate operating companies and platforms. The firm has invested in and helped build businesses in a variety of industries with attractive fundamentals including permanent exhibition space, private country clubs, marinas, and experiential hospitality. Since the firm's founding five years ago, it has led investments in businesses with an aggregate enterprise value in excess of $5 billion. For more information, please visit www.firesideinvestments.com.
Contact
El Car Wash
Geoff Karas
geoff@elcarwash.com
Justin Landau
justin@elcarwash.com
Warburg Pincus
Sarah McGrath Bloom
Sarah.Bloom@warburgpincus.com
Wafra
Katrina Allen, Edelman
Katrina.Allen@edelman.com
Fireside Investments
info@firesideinvestments.com
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SOURCE El Car Wash | https://www.wibw.com/prnewswire/2022/07/18/el-car-wash-announces-acquisition-by-warburg-pincus/ | 2022-07-18T13:16:49Z |
Discovering the Suncoast - Bob’s Train
SARASOTA, Fla. (WWSB) - One historian said it is “unheard of” to have two of these in one city. But we have them here on the Suncoast. John Ringling was rich enough to own two private, luxury railroad cars to travel the country. One is restored and sits in the Ringling Museum. The other was almost sold for scrap. One man is leading the effort to save the JomaR (named for JO-hn and MA-bel Ringling) at his restaurant/circus/museum known as Bob’s Train.
You can find Bob’s Train at this link:
Do you have an idea for Discovering the Suncoast? Send me an email to Discovering@MySuncoast.com! Tell me what’s unique and interesting in your part of Paradise!
You can watch previous episodes of Discovering the Suncoast online here: https://www.mysuncoast.com/content/community/discovering-the-suncoast/
Discovering the Suncoast airs live on ABC7 on these dates and times:
- 6:40am Wednesday on Good Morning Suncoast
- 9:00am Wednesday on Suncoast View
- 4:00pm Wednesday on ABC7 News
- 7:40am Saturday on Good Morning Suncoast Weekends (with special bonus features!)
- 11:00pm Sunday on ABC7 News
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/06/01/discovering-suncoast-bobs-train/ | 2022-06-01T12:26:27Z |
The City of Philadelphia was sued Saturday by a group of business owners and residents alleging its upcoming mask mandate is illegal, court documents show.
Philadelphia is the first major US city to reinstate its indoor mask mandate, which went into effect last week, with enforcement beginning today.
The new mandate comes as the city announced Level 2 Covid-19 response levels, which were triggered when the city saw an increase in confirmed Covid-19 cases more than 50% than the previous 10 days.
Level 2 precautions mean masks are required in all public indoor spaces in Philadelphia, including schools, businesses and restaurants. Businesses can stay mask-free if they require everyone to provide proof of vaccination.
The city's Public Health Department issued the mandate by emergency order April 11.
The group filing the lawsuit says the mandate violates the state's Constitution and flouts guidelines established by the US Centers for Disease Control and Prevention (CDC).
"The regulations imposed by Philadelphia are arbitrary and capricious," the attorney representing petitioners, Thomas W. King III told CNN in an interview Sunday. "Philadelphia jettisoned the CDC regulations and is inventing its own. Philadelphia violated the Pennsylvania Constitution. Things that apply in Philadelphia must apply statewide, but that's not what's happening."
The lawsuit alleges Philadelphia's Health Commissioner, Dr. Cheryl Bettigole, usurped the General Assembly's authority by issuing the emergency order. And the CDC currently has no mask mandate in place.
CNN reached out to Philadelphia Mayor Jim Kenney's office and the city's Health Department for comment but has not heard back.
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accounts, the history behind an article. | https://www.albanyherald.com/news/philadelphia-faces-lawsuit-over-return-of-mask-mandate/article_030d543d-cef9-52ed-875f-f3919952edf6.html | 2022-04-18T15:38:53Z |
Sonny Barger, figurehead of Hells Angels, dies at 83
LIVERMORE, Calif. (AP) — Sonny Barger, the leather-clad figurehead of the notorious Hells Angels motorcycle club, has died. He was 83.
Barger’s death was announced on his Facebook page late Wednesday.
“If you are reading this message, you’ll know that I’m gone. I’ve asked that this note be posted immediately after my passing,” a posting said. “I’ve lived a long and good life filled with adventure. And I’ve had the privilege to be part of an amazing club.”
The post said that “I passed peacefully after a brief battle with cancer.”
Barger’s former attorney, Fritz Clapp, told The Associated Press that Barger had liver cancer and died Wednesday night at home in Livermore, California. Barger composed the post placed on the Facebook page managed by Barger’s wife, Zorana, he said.
Ralph “Sonny” Barger was a founding member of the Oakland, California, chapter of the Hells Angels in 1957 and was present at its most infamous moment — the 1969 Rolling Stones concert at Altamont Speedway during which bikers hired as security staff fatally stabbed a concertgoer who pulled a gun on one of their members.
The Hells Angels were typically depicted by the media as the dark fringe of the 1960s counterculture, embracing freedom, drugs and rock music, but also crime and violence.
But Barger, the unofficial spokesman for the Hells Angels, downplayed their outlaw reputation.
“They say we’re organized crime, but if you took every Hells Angel on the face of the Earth and got rid of them you wouldn’t drop the crime rate in the world one-tenth of one percent,” he said in a 2000 interview for Heads magazine. “We’re a little drop in the bucket. There’s more cops committing crimes than Hells Angels.”
Barger’s own arrest record included charges ranging from drunken driving to attempted murder. He served 13 years in various prisons, according to news reports.
He claimed that one of his most satisfying experiences was his acquittal in 1980 on a count of racketeering, and the declaration of a mistrial on a charge of conspiracy to violate the racketeering law.
But in 1988, a jury found Barger guilty of conspiracy to violate federal firearms and explosives laws in plots to kill members of a rival gang. He was sentenced to a six-year term at the Phoenix Federal Correctional Institution and was released in 1992.
Barger capitalized on his notoriety. He wrote three books about his life and philosophy, including a best-selling autobiography, “Hell’s Angel.” A chapter title in one of his books was “Nothing states your position more clearly than a punch in the face.” He also wrote two novels.
Sonny Barger Productions operates a website and sells clothing.
A high school dropout at 16, Barger grew up in Oakland and joined the Army in 1955 with a forged birth certificate. He was kicked out with an honorable discharge after the forgery was discovered.
He started the Hells Angels with friends and soon learned there were other Hells Angels clubs in California. Barger helped unify the clubs.
He served as the main character in Hunter Thompson’s 1966 expose “Hell’s Angels: The Strange and Terrible Saga of the Outlaw Motorcycle Gangs.”
“He’s smart and he’s crafty and he has a kind of wild animal cunning. He was clearly the most competent person around,” Thompson wrote.
Of the Altamont killing, Barger argued that the Hells Angels acted in self-defense. The club member charged in the incident was acquitted. The stabbing was captured by a camera crew filming the documentary “Gimme Shelter.”
Barger underwent a laryngectomy in the early 1980s for throat cancer, which he attributed to a long, three-pack-a-day cigarette habit. Thereafter, he breathed through a plastic valve in his neck, and covered the vent to speak.
“Live your life the Sonny Barger way? I don’t recommend it,” he wrote in the opening lines to his 2005 book “Freedom: Credos from the Road.”
___
Biographical material compiled by former AP reporter Gary Kane.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/30/sonny-barger-figurehead-hells-angels-dies-83/ | 2022-06-30T19:01:37Z |
Fighting goes on near Ukraine nuclear plant; IAEA on site
ZAPORIZHZHIA, Ukraine (AP) — Heavy fighting continued Friday near Europe’s largest nuclear power plant in a Russian-controlled area of eastern Ukraine, a day after experts from the U.N.’s nuclear watchdog agency voiced concerns about structural damage to the sprawling Zaporizhzhia site.
Britain’s Defense Ministry says shelling continued in the district where the Zaporizhzhia power plant sits. Ukrainian President Volodymyr Zelenskyy’s office said Russian shelling damaged houses, gas pipelines and other infrastructure in the Nikopol region on the other bank of the Dnieper River.
The team of inspectors from the International Atomic Energy Agency, braving gunfire and artillery blasts along their route, crossed the frontlines to reach the Zaporizhzhia plant on Thursday in a mission to help safeguard the plant against catastrophe. Fighting Thursday prompted the shutdown of one reactor — underscoring the urgency of their task.
The 14-member delegation arrived in a convoy of SUVs and vans after months of negotiations to enable the experts to pass through the front lines. Speaking to reporters after leaving colleagues inside, IAEA director Rafael Grossi, said the agency was “not moving” from the plant from now on, and vowed Thursday a “continued presence” of agency experts.
Grossi said it was “obvious that the plant and the physical integrity of the plant has been violated several times” — but couldn’t assess whether by chance or on purpose. “I will continue to be worried about the plant until we have a situation which is more stable,” he said.
Grossi said IAEA experts toured the entire site, including control rooms, emergency systems and diesel generators, and met with the plant’s staff.
The plant has been occupied by Russian forces but run by Ukrainian engineers since the early days of the 6-month war. Ukraine alleges Russia is using it as a shield to launch attacks, while Moscow accuses Ukraine of recklessly firing on the area.
Before the IAEA team arrived, Energoatom, Ukraine’s state nuclear power company, said Russian mortar shelling had led to the shutdown of one of its reactors by its emergency protection system and had damaged a backup power supply line used for in-house needs.
IAEA announced plans for a news conference later Friday from its headquarters in Vienna to discuss the mission.
Energoatom on Friday accused Russian forces of “making every effort” to prevent the IAEA mission from getting to know the facts on the ground. On Thursday, Russian Foreign Ministry Sergey Lavrov said Russia was making sure that the plant was secure and safe, and that mission “accomplishes all of its plans there.”
Elsewhere in Ukraine on Friday, Zelenskyy’s office said four people were killed and 10 injured over the last day in the eastern Donetsk region, a key hub of the Russian invasion, and reported rocket attacks on Sloviansk that destroyed a kindergarten. It said heavy fighting continues in two districts of the Kherson region to the south.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/09/02/fighting-goes-near-ukraine-nuclear-plant-iaea-site/ | 2022-09-02T11:04:06Z |
May 13, 2022 Russia-Ukraine news
By Aditi Sangal, Helen Regan, George Ramsay, Lianne Kolirin, Hannah Strange and Adrienne Vogt, CNN
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By Aditi Sangal, Helen Regan, George Ramsay, Lianne Kolirin, Hannah Strange and Adrienne Vogt, CNN
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Enjoy a season of good times and great food and drinks at an awesome price
ADDISON, Texas, June 28, 2022 /PRNewswire/ -- Razzoo's Cajun Cafe®, the spirited casual eatery that spotlights the flavor, fun, and festivity of New Orleans, is giving fans another reason to celebrate with their Cajun Fried Fat Tuesdays. Starting July 5th, guests may enjoy Cajun Fried Steak or Cajun Fried Chicken for just $10 all day on Tuesdays, as well as $5 select sips. The Fat Tuesday offerings are available at all participating restaurants for a limited time.
"We're delighted to offer our Cajun Fried Fat Tuesdays and celebrate one of our favorite holidays, but in the middle of the year," said Jeff Powell, Razzoo's Chief Executive Officer. "We couldn't wait another six months to celebrate Fat Tuesday, and with prices rising all around us, we thought the best way to party is with some flavorful deals on some of our most popular meals and signature drinks."
In addition to the $10 Cajun-Fried Steak and Chicken dishes, the Razzoo's Cajun Fried Fat Tuesdays will also feature $5 frozen Hurrycanes, $5 Mardi Ritas, and $5 22 oz. Draft Miller Lite, Michelob Ultra and Bud Light.
"This summer, we've got your back with our awesome food and drink deals. Guests can get a 22 oz. beer and Cajun-Fried Steak for just $15 on Tuesdays," added Powell. "Come on and join les bon temps with us!"
The bar drinks at Razzoo's are available for guests who are 21 years and older. Razzoo's always encourages a good time, but one that is enjoyed responsibly.
For more information about Razzoo's Cajun Cafe, including their menu and locations, visit www.razzoos.com or follow them on Facebook, Instagram and TikTok.
Razzoo's Cajun Cafe passionately creates bold, flavorful, Cajun-inspired dishes that bring to life all the flavor, fun and festivity of New Orleans and the French Quarter. Founded in Dallas in 1991, Razzoo's operates 22 restaurants in TX, OK and NC. Razzoo's is privately owned. Learn more about Razzoo's by visiting www.razzoos.com or www.facebook.com/razzoos.
Media Contact:
Brianne Barbakoff
786-605-9250
brianne@inklinkmarketing.com
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SOURCE Razzoo's Cajun Cafe | https://www.wibw.com/prnewswire/2022/06/28/razzoos-cajun-cafe-celebrates-cajun-fried-fat-tuesdays/ | 2022-06-28T14:31:28Z |
NEW YORK, June 13, 2022 /PRNewswire/ -- Attention Apyx Medical Corporation ("Apyx") (NASDAQ: APYX) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between May 12, 2021 and March 11, 2022.
If you suffered a loss on your investment in Apyx, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Apyx includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) a significant number of Apyx's Advanced Energy products were used for off-label indications; (2) such off-label uses led to an increase in the number of medical device reports filed by Apyx reporting serious adverse events; (3) as a result, the Company was reasonably likely to incur regulatory scrutiny; (4) as a result of the foregoing, the Company's financial results would be adversely impacted; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: August 5, 2022
Aggrieved Apyx investors only have until August 5, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.kxii.com/prnewswire/2022/06/13/class-action-alert-law-offices-vincent-wong-remind-apyx-investors-lead-plaintiff-deadline-august-5-2022/ | 2022-06-13T10:53:24Z |
NEW YORK, April 12, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of MP Materials Corp. f/k/a Fortress Value Acquisition Corp. (NYSE: MP) alleging that the Company violated federal securities laws.
Class Period: May 1, 2020 to February 2, 2022
Lead Plaintiff Deadline: April 25, 2022
No obligation or cost to you.
Learn more about your recoverable losses in MP:
https://www.kleinstocklaw.com/pslra-1/mp-materials-corp-f-k-a-fortress-value-acquisition-corp-loss-submission-form?id=25786&from=4
MP Materials Corp. f/k/a Fortress Value Acquisition Corp. NEWS - MP NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that MP Materials Corp. f/k/a Fortress Value Acquisition Corp. made materially false and/or misleading statements and/or failed to disclose that: (i) Fortress Value Acquisition Corp. ("FVAC") had overstated its due diligence efforts and expertise with respect to identifying target companies to acquire; (ii) FVAC performed inadequate due diligence into Legacy MP Materials prior to the business combination, or else ignored significant red flags regarding, inter alia, Legacy MP Materials' management, compliance policies, and Mountain Pass's profitability; (iii) as a result, the Company's future business and financial prospects post-business combination were overstated; (iv) MP Materials engaged in an abusive transfer price manipulation scheme with a related party in the People's Republic of China to artificially inflate the Company's profits; (v) MP Materials' ore at the Mountain Pass Rare Earth Mine and Processing Facility was not economically viable to harvest for rare earth metals; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in MP Materials you have until April 25, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased MP Materials securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the MP lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/mp-materials-corp-f-k-a-fortress-value-acquisition-corp-loss-submission-form?id=25786&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.kxii.com/prnewswire/2022/04/12/mp-alert-klein-law-firm-announces-lead-plaintiff-deadline-april-25-2022-class-action-filed-behalf-mp-materials-corp-fka-fortress-value-acquisition-corp-shareholders/ | 2022-04-12T10:34:10Z |
NEW ORLEANS, July 25, 2022 /PRNewswire/ -- Tales of the Cocktail Foundation (TOTCF), organizer of the drinks industry's leading conference for exchanging new ideas, products, and techniques, Tales of the Cocktail™, today announces a partnership with Singapore Tourism Board (STB). The Singapore x Tales collaboration marks TOTCF's physical footprint in Asia to continue its mission of educating, supporting and advancing the global drinks industry. This partnership will further awareness and excitement of the vibrant bars and talents in Singapore for the global bar community and consumers.
"We're so thrilled to partner with STB," said Eileen Wayner, CEO of TOTCF. "With 23 different Singapore establishments featured throughout the Spirited Awards' 16-year history, the city's cocktail scene is undoubtedly regarded as one of the best in the world. When the opportunity came up, we jumped at the chance to collaborate on programming that would celebrate and showcase the excellence of the Singapore bar community. We have much to learn from Singapore's acclaimed bars and creative bartenders."
With a shared goal of highlighting the extensive and vibrant drinks industry in Singapore, the partnership between TOTCF and STB was officially announced today, July 25, 2022 at the twentieth anniversary of the Foundation's flagship event and will continue to roll out through a campaign that will include Singapore bartending talents, pop-ups in New York City and Singapore, and will culminate in a multi-day residency at Tales of the Cocktail® 2023 that will showcase the Singapore bar community.
"A spirit of innovation, community, and a collective drive for excellence are the driving forces behind Singapore's growing cocktail scene," said Serene Tan, Director of Retail and Dining, STB. "Through our partnership with TOTCF, we hope to raise awareness of the breadth and depth of our drinks culture. This will be done through content and reimagined experiences, while profiling Singapore as an award-winning cocktail destination."
The partnership kicks off this week at Tales of the Cocktail® with guest shifts by world renowned Singapore bars Jigger & Pony and Nutmeg & Clove, taking place on Tuesday, July 26 at fellow Spirited Awards honoree Justine from 5:00pm - 9:00pm. Helming these innovative bar teams are industry leaders Indra Kantono (Jigger & Pony) and Colin Chia (Nutmeg & Clove), who are remarkable talents from the bartending community in Singapore.
Tales of the Cocktail Foundation is a non-profit organization that educates, advances and supports the global hospitality industry and creates lasting impact in our host communities. Tales of the Cocktail Foundation is the global leader in spirits education and a platform to tackle issues facing the industry. The pillars of the Foundation are to Educate, Advance and Support the hospitality industry through programs that benefit individuals and organizations in the community and to make a lasting impact in communities that host our events.
For more information, visit: https://talesofthecocktail.org or www.visitsingapore.com | Follow us: .instagram.com/tales_of_the_cocktail/ or facebook.com/TalesoftheCocktail
The Singapore Tourism Board (STB) is the lead development agency for tourism, one of Singapore's key economic sectors. Together with industry partners and the community, we shape a dynamic Singapore tourism landscape. We bring the Passion Made Possible brand to life by differentiating Singapore as a vibrant destination that inspires people to share and deepen their passions.
For more information, visit: www.stb.gov.sg or www.visitsingapore.com | Follow us: facebook.com/STBsingapore or twitter.com/stb_sg
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SOURCE Tales of the Cocktail Foundation | https://www.wibw.com/prnewswire/2022/07/25/tales-cocktail-foundation-announces-partnership-with-singapore-tourism-board-spotlight-singapores-bartenders-vibrant-drinks-scene/ | 2022-07-25T17:39:19Z |
BERLIN (AP) — German state officials said Friday that they want advertisers and social media influencers to label any photos that have used so-called beauty filters.
Critics argue that the filters, which offer easy ways to touch up images and remove supposed blemishes, promote unrealistic standards of beauty particularly among women and girls.
The dpa news agency quoted Hamburg’s state minister for equality, Katharina Fegebank, saying that digital tools should not determine what is considered beautiful or not.
A majority of officials from Germany’s 16 states want the federal government to come up with legislation that would require the labeling of images and videos where beauty filters were used to enhance a person’s face, skin or hair.
This would apply to commercial advertising and influencers with a significant number of followers, Fegebank was quoted as saying. | https://cw33.com/technology/ap-technology/germany-wants-ads-influencers-to-note-use-of-beauty-filters/ | 2022-07-02T15:13:13Z |
Named a distinguished school for STEM and career learning program
SUGAR LAND, Texas, June 23, 2022 /PRNewswire/ -- Cornerstone Christian Academy (CCA) announced that it has been recognized as a 2021-22 Project Lead The Way (PLTW) Distinguished School. It is one of just 134 middle schools across the U.S., and one of only two in Fort Bend, to receive this honor for providing broad access to transformative learning opportunities for students through PLTW Gateway.
"Our mission at CCA is to instill in our students a strong foundation of skills for life and faith for eternity," shared Mr. Eric Nicholie, CCA's Head of School. "Receiving this honor means we are staying true to our mission by providing our students with important access to STEM programs that will prepare them for the world after graduation."
The PLTW Distinguished School recognition honors schools committed to increasing student access, engagement, and achievement in their PLTW programs. To be eligible for the designation, CCA had to meet the following criteria during the 2020-2021 school year:
- Offer at least one PLTW Gateway unit at each grade level;
- Have more than 50 percent of the student body participating;
- Have at least 25 percent of students advancing to high school participate in two or more units during their middle school tenure;
- Have strategies and supports in place that support reasonably proportional representation with regard to race, ethnicity, poverty, gender and can support such claims with relevant data.
"We are honored to recognize Cornerstone Christian Academy for their unwavering commitment to provide students with an excellent educational experience despite the last two years having been some of the most challenging in recent history for students and educators across the U.S. due to the COVID-19 pandemic," said Dr. David Dimmett, Interim President and CEO of PLTW.
"CCA should be very proud of their achievements in unlocking their students' potential and equipping them with the knowledge and skills necessary to thrive in life beyond the classroom no matter what career path they choose."
For more information on Cornerstone Christian Academy's PLTW Gateway program, visit www.cornerstonecca.org or contact Natalie Lange at nlange@cornerstonecca.org.
Cornerstone Christian Academy (CCA) is a non-denominational Christian private school in Sugar Land, Texas serving preschool through eighth grade. CCA provides a developmentally appropriate education experience in a safe and nurturing environment that supports academic growth. With access to highly qualified and passionate teachers, CCA students grow to become seekers of Biblical truth, academic knowledge, and outstanding citizens of character.
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SOURCE Cornerstone Christian Academy | https://www.kxii.com/prnewswire/2022/06/23/cornerstone-christian-academy-receives-national-recognition-commitment-empowering-students/ | 2022-06-23T16:09:28Z |
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